The Financial Post reports in its Friday edition that Brookfield Corp. said it owns $2.7-billion of pre-IPO shares of Elon Musk's SpaceX, with half on its parent company's balance sheet and the rest held by other affiliated entities all figures U.S.). A Bloomberg dispatch to the Post says that Mr. Musk's rocket, AI and satellite company has filed confidentially for a initial public offering that could happen in June. SpaceX is targeting a valuation of more than $2.7-trillion with the listing. Brookfield also committed $686-million to developer of humanoid robotics Figure, and invested in Hark Labs Brookfield discussed the investments in its first-quarter earnings materials released Thursday. Brookfield has invested in Mr. Musk's various companies for several years. Its now-defunct Brookfield Growth division provided $343-million in 2022 to help finance Mr. Musk's buyout of Twitter, the social media platform now known as X. The cheque was the largest ever written by Brookfield Growth at the time and somewhat different from its other bets. The firm shuttered the venture unit last year and shifted some assets and staff to a division known as Pinegrove Capital. Brookfield closed Thursday at $47.53, up $2.42 in New York.