Blue Owl Sells Half of SpaceX Investment at $1.25 Trillion Valuation
Blue Owl, an alternative asset manager, sold about half of its SpaceX investment at a $1.25 trillion valuation, according to co-CEO Marc Lipschultz. The company has realized significant gains from its investment, with the valuation of its SpaceX stake increasing substantially over the past year. SpaceX is expected to go public later this year at a valuation of up to $1.75 trillion.
Topics: Blue Owl Corporate Finance Investment Sale SpaceX Valuation