June 11, 2026
‎PIF bids for shares in SpaceX’s IPO: Report

Logo ofPublic Investment Fund

Saudi Arabia’s Public Investment Fund (PIF) and the Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion in SpaceX’s initial public offering (IPO), Bloomberg reported, citing sources familiar with the matter.

The $580 billion Qatar Investment Authority is also likely to make a significant commitment…
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