Blackstone stock in focus after $5 billion Beacon Offshore talks, Trump housing order
New York, Jan 21, 2026, 08:39 EST — Premarket Blackstone Inc (BX.N) is exploring a sale of Beacon Offshore Energy for over $5 billion, according to a source familiar with the situation. Earlier Tuesday, Bloomberg News reported the firm had started preliminary talks with banks about a possible IPO as soon as the first quarter. Shares of Blackstone dropped 5.9% to $153.91 in Tuesday’s trading. (Reuters) The possible Beacon exit comes as investors push buyout firms to convert holdings into cash rather than simply boosting valuations on paper. Private equity fundraising hit around $761 billion last year, a drop of