Blue Owl private credit fund realizes gain from SpaceX stake, exec says

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Blue Owl Capital

OWL

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- A Blue Owl Capital OWL.N publicly traded private credit fund, Blue Owl Capital Corporation OBDC.N, realized a gain on its holding in Elon Musk's SpaceX, an executive said on Thursday.

"A name like SpaceX is obviously moving pretty dramatically," the executive said on a conference call with analysts. "There was a realized gain associated with SpaceX in the quarter, because the valuation changed."