Blue Owl shares surge after private credit firm cites 10X gains from SpaceX loan

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Blue Owl shares surge after private credit firm cites 10X gains from SpaceX loan

Blue Owl Capital at the New York Stock Exchange, May 20, 2021. Source: NYSE Shares of Blue Owl , the private credit firm at the center of recent jitters over exposure to software companies, jumped …

Blue Owl Capital at the New York Stock Exchange, May 20, 2021. Source: NYSE Shares of Blue Owl , the private credit firm at the center of recent jitters over exposure to software companies, jumped 10% in trading Thursday after executives disclosed sizable gains tied to SpaceX. "We made about 10 times our money on that investment," an executive said on the firm's first-quarter earnings call. …

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