April 20, 2026
‎PIF mulls investing $5B in SpaceX: Report

Saudi Arabia’s PIF mulls investing $5B in SpaceX, which operates in rockets, satellites and AI

SpaceX has held talks with Saudi Arabia’s Public Investment Fund (PIF) over a potential $5 billion anchor investment in its planned initial public offering, Reuters reported, citing sources.

The potential investment would partly offset dilution of the fund’s current stake in Elon Musk’s SpaceX…
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