NEWS: Saudi Arabia’s Public Investment Fund has disclosed a $26.3 billion stake in SpaceX.
Its latest SEC filing shows PIF owns 154,146,835 SpaceX shares, valued at $26.34 billion as of June 30.
The position was newly disclosed for Q2.
PIF is one of the world’s largest sovereign wealth funds, making this a major bet on SpaceX and Elon Musk’s vision.