Blue Owl Sells Half of SpaceX Stake at 1.25T Valuation
Blue Owl Capital sold half its SpaceX stake at a 1.25 trillion dollar valuation for a tenfold return. The firm continues to hold the rest of its investment.
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BLUE OWL CAPITAL INC sold 50% of its SpaceX investment at a $1.25 trillion valuation, generating a 10x return on the position. The United States-based asset manager first entered the space venture as a lender before taking equity stakes in 2021. The exit sets a benchmark for private space valuations ahead of a $1.75 trillion IPO expected later this year.
