Bloomberg Middle East: The stake of Kingdom Holding and Prince Alwaleed bin Talal's office in SpaceX may exceed $10 billion



Bloomberg Middle East revealed, based on a disclosure from Kingdom Holding Company, that its stake, in cooperation with Prince Alwaleed bin Talal's office, in SpaceX amounts to approximately 0.63% of the company.

The estimated value of the stake

The company responded to "Middle East" inquiries that the value of the stake could reach:

$8.32 billion at a valuation of $1.25 trillion

$10.55 billion at a valuation of $1.75 trillion

Direct link to the company's valuation

The value of the stake rises or falls according to changes in SpaceX's valuation, amid ongoing expectations about the company's future listing in the $XAUUSD markets.
XAUUSD-1.84%
NAS100200-0.98%
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