137 Ventures, a repeat investor in Elon Musk’s SpaceX, now owns more than 1% of the company with a stake in excess of $10 billion.

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By Isla Binnie and Manya Saini NEW YORK, April 30 (Reuters) - Blue Owl sold about half its investment in SpaceX at a $1.25 trillion valuation, the alternative asset manager's co-CEO Marc Lipschultz said on Thursday.

Today, OpenAI, SpaceX, and Anthropic stand out as leaders in artificial intelligence (AI) and space technology, yet direct access to these unicorns has long been reserved for a small circle of venture capitalists and financial institutions.

The FCC has denied SpaceX's request to use the 1.6/2.4GHz spectrum currently utilized by Globalstar for its satellite services, including those on Apple iPhones. This decision aims to maintain regulatory certainty and stability,

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Blue Owl Capital Inc. OWL disclosed that it trimmed its SpaceX stake by roughly half, with the sale priced off a $1.25 trillion valuation. Co-CEO Marc Lipschultz said the partial exit locked in a substantial gain while allowing the firm to retain its remaining stake.