Blue Owl shares jump 10% on SpaceX investment gains

3 articles · Updated · CNBC · Apr 30

On its first-quarter earnings call, executives said the firm made about 10 times its money, selling roughly half the stake at a $1.25tn valuation.
Blue Owl said the remaining holding could help offset potential losses if software companies in its portfolio default, after recent investor jitters over its exposure to the sector.
Earlier on Thursday, the alternative asset manager reported rising first-quarter earnings, revenue and assets under management, while saying software loan-to-value deterioration still left a substantial cushion before losses.

Is Blue Owl's asset sale a true market test or a curated display of strength amid widespread AI fears?

Is pivoting to real assets a sustainable strategy or a temporary shelter from the private credit storm?

As AI upends software debt, what is the true systemic risk to the massive private credit market?