Reportedly, SpaceX Engages in Discussions with Saudi Arabia’s Public Investment Fund (PIF) for Cornerstone Investment in Its 2026 IPO

5 day ago / Read about 0 minute

Author：小编

On April 3, 2026, SpaceX engaged in talks with Saudi Arabia’s Public Investment Fund (PIF), focusing on the potential for cornerstone investment in SpaceX’s upcoming 2026 Initial Public Offering (IPO). The PIF is contemplating subscribing to roughly US$5 billion worth of cornerstone shares. This move is aimed at bolstering Saudi Arabia’s foothold in the commercial space industry while also diversifying the holdings of its sovereign wealth fund. Although SpaceX has yet to formally announce a timeline for its IPO, market analysts project that the company’s valuation will surpass US$100 billion.

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