BRC Group reports $70.4M net carried interest from SpaceX IPO position

BRC Group Holdings disclosed its indirect economic interest in SpaceX following the company's June 12, 2026 IPO, with net carried interest valued at approximately $70.4 million based on SpaceX's $160.95 opening price. The value remains subject to significant volatility risks, lock-up restrictions, and manager discretion on timing of sales, with each $5 share price change affecting net proceeds by an estimated $2.3 million.