Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » SoFi to Give Clients Access to OpenAI, SpaceX Through New Funds
    News

    SoFi to Give Clients Access to OpenAI, SpaceX Through New Funds

    userBy userJuly 9, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    (Bloomberg) — SoFi Technologies Inc. said it’s adding new private-markets funds that will allow retail clients to invest in closely held companies including SpaceX, OpenAI and Epic Games.

    Most Read from Bloomberg

    Investors will gain exposure to companies across artificial intelligence, machine learning, space technology, consumer products, health care, e-commerce and financial technology, SoFi said in a statement Tuesday. SoFi is working with asset-management firms Cashmere, Fundrise and Liberty Street Advisors on the funds, which can be invested in through the SoFi app.

    The financial-technology company already has private-market funds, though they come with high barriers to entry. SoFi’s Cosmos Fund requires clients to invest at least $25,000 and meet additional equity thresholds to access SpaceX and Anthropic shares. For the new funds, the minimum contribution will be just $10 on SoFi’s investment platform.

    “SoFi is expanding alternative investment opportunities for a new generation of investors,” Chief Executive Officer Anthony Noto said in the statement.

    The fintech has yet to disclose details on the composition of the new portfolios.

    The move comes as retail clients clamor to invest in private companies. Private-market funds are one avenue to acquire shares in a pre-IPO company. Robinhood Markets Inc. recently announced that it was offering access to equity “tokens” as way for clients to invest in closely held firms. OpenAI advised customers to “be careful” with such investments, which the AI company said it hadn’t authorized.

    SoFi’s first-quarter net income of $71 million exceeded analysts’ expectations of $39.8 million. Adjusted net revenue rose 33% to $771 million, also beating estimates. SoFi has expanded past its origins in student-loan refinancing, diving into the fintech space with robo-advisory and crypto-investing products.

    Most Read from Bloomberg Businessweek

    ©2025 Bloomberg L.P.



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleParliament called upon to stop carbon credit fraud
    Next Article NZD/USD strengthens above 0.6000, eyes on US Initial Jobless Claims release
    user
    • Website

    Related Posts

    With H1 profits back on track, is this FTSE 250 housebuilder ready to bounce back?

    July 10, 2025

    Investors could target £8,840 of annual dividend income from 5,851 shares in this FTSE 250 high-yield star!

    July 10, 2025

    Gold is steady after new tariff announcements

    July 10, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d