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Brookfield Builds $2B Position in SpaceX Ahead of Expected Public Debut

Brookfield has accumulated a $2 billion stake in SpaceX before the aerospace company's anticipated initial public offering, according to the investment firm's disclosure. The Toronto-based asset manager holds the position across multiple entities. Half resides on its parent company's books, and the remainder is distributed among affiliated vehicles. The investment represents a significant bet on Musk's spaceflight operations as the company prepares for public markets. SpaceX's IPO timing remains subject to market conditions and regulatory approval.