Market Chatter: SpaceX Investor Darsana Poised to Make Over $10 Billion in Space Firm's Upcoming IPO

MT Newswires Live17:16

SpaceX early investor Darsana Capital Partners' paper gains on its investment could exceed $10 billion should the space and satellite firm go public at a valuation of at least $1.5 trillion next month, The Wall Street Journal reported Monday, citing people familiar with the matter.

The hedge-fund manager first invested in SpaceX in 2019, according to the report.

SpaceX didn't immediately respond to MT Newswires' request for comment, while Darsana couldn't be reached.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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