Financial Times
UK · 20 mins ago
✦ 78◉ Centre
Scottish Mortgage values SpaceX at $1.25tn ahead of blockbuster IPO
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Accuracy 78/100
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◉ Centre ✓ Fair headline
Scottish Mortgage investment trust has valued its stake in SpaceX at $1.25 trillion, with its own holding worth approximately £3 billion, ahead of the company's anticipated initial public offering.
Scottish Mortgage values SpaceX at $1.25tn ahead of blockbuster IPO
UK investment trust’s valuation means its holding in Elon Musk’s company is worth £3bn
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