Brookfield Discloses $2 Billion Stake in Private Rocket Company SpaceX

Investment firm Brookfield owns $2 billion of pre-IPO shares of Elon Musk’s SpaceX, the company stated. Brookfield said half of the $2 billion SpaceX pre-IPO shares are on its parent company’s balance sheet. The remaining half of Brookfield's $2 billion SpaceX pre-IPO shares are held by other affiliated entities.

The firm’s disclosure marks a notable position in the privately held rocket company, which has not yet pursued an initial public offering. @business reported the details of the investment firm's holdings and their placement across Brookfield entities.

The statement provided no additional information on when the shares were acquired or any plans for future transactions. SpaceX itself has not commented on the disclosure. The pre-IPO shares represent a stake in a company whose valuation has climbed steadily in recent private funding rounds, though exact current terms were not addressed in Brookfield’s statement.