BlackRock ordered $5 billion in SpaceX shares as IPO demand hit $250 billion, nearly 4x oversubscribed

BlackRock submitted an order to buy at least $5 billion in SpaceX shares ahead of Friday’s debut, the Wall Street Journal reported. That single order is nearly as large as the entire $5.5 billion Cerebras IPO, the biggest of 2026 so far. SpaceX has t...