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Brookfield Accumulates $2 Billion SpaceX Stake Ahead of Public Debut

Investment manager Brookfield has built a $2 billion pre-IPO position in SpaceX across multiple affiliated entities. Half the stake sits on its parent company's balance sheet, while subsidiary entities control the remainder. Brookfield disclosed the investment as Elon Musk's aerospace manufacturer prepares for an initial public offering. SpaceX has been advancing development of reusable rocket technology and expanding its commercial satellite operations. The investment reflects institutional confidence in the private space sector's commercial potential. Sources indicate the market debut could occur within weeks. SpaceX ranks among the most valuable private companies globally based on recent private funding rounds.