During a CNBC interview, the CEO of Franklin Templeton announced that the investment firm intends to participate in the forthcoming IPO of SpaceX.
This announcement highlights Franklin Templeton's confidence in SpaceX's potential as it prepares to enter the public market.
The details surrounding the investment and the scale of participation have not been disclosed, but the move reflects a growing interest in space-related ventures.
Updates
Update at 15:09 UTC on 2026-06-12
Yahoo Finance reported Franklin Templeton CEO sends strong message on SpaceX.
Sources: Yahoo Finance