Blue Owl sold about half its SpaceX holding at $1.25 tn valuation, exec says
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NEW YORK, April 30 (Reuters) - Blue Owl OWL.N sold about half its investment in SpaceX at a $1.25 trillion valuation, an executive from the private credit-focused firm said on Thursday.
"Specifically at SpaceX... we made about 10 (times) our money on that investment," the executive said on a conference call with analysts. "We've sold about half of it at a $1.25 trillion valuation, still holding about half of it."
Blue Owl was one of SpaceX's earliest lenders and eventually made an equity investment, the executive added.
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