๐ฅ๐ Saudi Arabiaโs SpaceX Exposure Is Huge
A newly disclosed PIF position shows 154.1 million SpaceX shares, worth approximately $26.3 billion at June-end.
Reuters reported that PIF joins other major institutional holders, including Alphabet, Fidelity Investments and Gigafund Management.
The disclosure puts fresh attention on SpaceXโs valuation and the growing role of sovereign capital in high-growth technology.
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#saudipifdiscloses154.1mspacexshares
A newly disclosed PIF position shows 154.1 million SpaceX shares, worth approximately $26.3 billion at June-end.
Reuters reported that PIF joins other major institutional holders, including Alphabet, Fidelity Investments and Gigafund Management.
The disclosure puts fresh attention on SpaceXโs valuation and the growing role of sovereign capital in high-growth technology.
$BNB $BTC
#saudipifdiscloses154.1mspacexshares