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Brookfield Says It Amassed $2 Billion Bet on SpaceX Ahead of IPO
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FacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Amanda CantrellMay 14, 2026 at 3:21 PM UTCBookmarkSave
SpaceX facilities in Hawthorne, California.
Photographer: Ethan Swope/BloombergInvestment firm Brookfield said it owns $2 billion of pre-IPO shares of Elon Musk’s SpaceX, with half on its parent company’s balance sheet and the rest held by other affiliated entities.
Musk’s rocket, AI and satellite company has filed confidentially for an IPO that could happen in June. SpaceX is targeting a valuation of more than $2 trillion with the listing, Bloomberg previously reported.
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