🚀 Sovereign funds double down on bets on space!
Saudi PIF’s latest 13F filing shows a holding of 154.15 million shares of SpaceX, with an end-of-quarter value of approximately $26.3 billion—accounting for nearly 70% of its U.S. stock portfolio! Based on the latest share price of $140, its current value is about $21.6 billion.
This isn’t a normal position—this is a strategic bet. Top-tier sovereign capital is consolidating its chips toward satellite internet, defense orders, and space infrastructure. The trillion-dollar race just got underway, and sovereign funds have already moved to secure the prime spot.
The market is now repricing the long-term logic of the space economy. If the trend strengthens again, this massive position could become the toughest bullish ace.
The space game is only just beginning.
#SaudiPIF discloses holding 154.1 million shares of SpaceX
#SpaceEconomy #SovereignFunds #SPCX
Saudi PIF’s latest 13F filing shows a holding of 154.15 million shares of SpaceX, with an end-of-quarter value of approximately $26.3 billion—accounting for nearly 70% of its U.S. stock portfolio! Based on the latest share price of $140, its current value is about $21.6 billion.
This isn’t a normal position—this is a strategic bet. Top-tier sovereign capital is consolidating its chips toward satellite internet, defense orders, and space infrastructure. The trillion-dollar race just got underway, and sovereign funds have already moved to secure the prime spot.
The market is now repricing the long-term logic of the space economy. If the trend strengthens again, this massive position could become the toughest bullish ace.
The space game is only just beginning.
#SaudiPIF discloses holding 154.1 million shares of SpaceX
#SpaceEconomy #SovereignFunds #SPCX