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<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\nBlackRock has held discussions to invest between $5 billion and $10 billion in SpaceX\u2019s planned initial public offering next month, Reuters reported citing news outlet The Information on Saturday.Bloomberg News reported on Friday that a majority of SpaceX shareholders have approved a 5-for-1 stock split recommended by the company’s board. According to the report, shareholders of IPO-bound SpaceX were informed through email that the stock’s fair market value had been adjusted to $105.32 per share from $526.59 following the split. The report said the stock split will be processed during the week of May 18 and is expected to be completed by May 22. The development comes as Elon Musk’s rocket and satellite maker prepares for one of the most closely watched public listings in recent years. Reuters reported on Friday that SpaceX is targeting a stock market debut as early as June 12 and has selected Nasdaq as the venue for its proposed listing, citing people familiar with the matter. Set to trade under the ticker symbol “SPCX”, the company is aiming to make its prospectus public as early as next week, with a roadshow expected to begin around June 4 and share sales potentially starting from June 11, according to Reuters. The company is likely to seek to raise about $75 billion at a valuation of roughly $1.75 trillion, which would make it the largest stock market flotation of all time. The planned valuation would mark a sharp increase from the $1.25 trillion combined valuation established when SpaceX merged with Musk’s artificial intelligence startup xAI in February. The listing is also expected to be a key test for the IPO market, which has been recovering after prolonged volatility linked to US tariff policy and broader geopolitical uncertainties. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are serving as lead bookrunners for the offering.<\/div>\n<\/div>\n