BlackRock is reportedly considering investing between $5 billion and $10 billion in SpaceX's upcoming IPO, which aims to raise $75 billion at a valuation of about $1.75 trillion. This could become the largest IPO in history, with SpaceX planning to list on Nasdaq under the ticker "SPCX" as early as June 12. The IPO excitement has sparked concerns about potential overvaluation, with some warning that limited share availability could inflate SpaceX's valuation to $5 trillion. BlackRock's involvement signals strong institutional interest in the offering, but market watchers remain cautious about the high valuation and demand dynamics.
On June 11, 2026, BlackRock purchased $38.89 million worth of Bitcoin and Ethereum through its iShares Bitcoin Trust and iShares Ethereum Trust, reversing recent outflows. This move suggests renewed institutional interest in crypto assets amid a mult...
BlackRock's cryptocurrency portfolio fell by $12.45 billion from June 1 to June 11, 2026, dropping from $64.53 billion to $52.08 billion, a 19.29% decline. The decrease was mainly due to reductions in Bitcoin and Ethereum holdings within its iShares ...
Vinted, a consumer-to-consumer resale platform for items like clothing and furniture, has seen explosive growth driven by rising living costs and shifting consumer habits toward secondhand goods. Valued at over $9 billion after a recent €880 million ...
Investment firm BlackRock, Inc. has raised its total voting rights in Deutsche Lufthansa AG to 4.05% as of June 3, 2026. This includes 3.09% voting rights attached to shares and 0.97% through financial instruments. The increase reflects BlackRock's g...
