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Blue Owl Capital said on April 30–May 1, 2026, it sold roughly half of its SpaceX holding at a $1.25 trillion valuation, realising about a tenfold return on the disposed portion while retaining the remainder.
Management disclosed the sale during its Q1 earnings call as part of moves to shore up results and offset potential credit losses.
The firm reported fee-related earnings and revenue each up roughly mid‑teens year‑on‑year and total assets under management near $315 billion, and declared a $0.23 quarterly dividend (reaffirming $0.92 annual). Filings and company commentary also highlighted liquidity strains in some vehicles: investor filings showed sizable redemption requests in early 2026 and Blue Owl has capped quarterly redemptions at 5% for affected funds.
Institutional holders are rebalancing — filings show Brown University trimmed its stake — and analysts have largely maintained neutral/equal‑weight ratings with ~$10 price targets.
Shares jumped after the disclosure as markets weighed the realised gain and the prospect of SpaceX’s planned IPO, for which a $1.75 trillion valuation and a ~$75 billion raise have been discussed.







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