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.
BlackRock accelerated its sell-off of Bitcoin and Ethereum on May 13, transferring $172.68 million worth of these cryptocurrencies to Coinbase Prime. This move follows five consecutive days of outflows from BlackRock's iShares Bitcoin Trust and low d...
BlackRock Asset Management Canada Limited announced the cash distributions for May 2026 for multiple iShares ETFs listed on the TSX and Cboe Canada. Unitholders of record as of May 21, 2026, will receive payments on May 29, 2026, except for the iShar...
BlackRock, Inc. has raised its total voting rights in Renk Group AG to 4.44% as of May 7, 2026, up from 3.63%. This increase includes direct and instrument-based voting rights. The disclosure was made in compliance with German securities trading regu...
BlackRock Asset Management Canada Limited announced the May 2026 cash distributions for multiple iShares ETFs listed on the TSX and Cboe Canada. Unitholders of record by May 21, 2026, will receive payments on May 29, 2026, except for the iShares Cana...
Nvidia CEO Jensen Huang was invited by President Trump to join his trip to Beijing for a summit with China, despite initially being left off the official list of business leaders. Huang has been lobbying both US and Chinese officials to allow Nvidia ...
