Updated

Updated · Bloomberg · Jun 14

Kingdom Holding Surges as SpaceX Stake Nears $7 Billion

Updated

Updated · Bloomberg · Jun 14

Kingdom Holding Surges as SpaceX Stake Nears $7 Billion

3 articles · Updated · Bloomberg · Jun 14

Kingdom Holding jumped at Sunday’s open after SpaceX’s first-day trading surge lifted the value of its stake to almost $7 billion.
That holding now equals roughly half of Kingdom Holding’s market capitalization, magnifying the impact of SpaceX’s market debut on the Saudi investment firm.
Prince Alwaleed bin Talal — one of Saudi Arabia’s richest men — stands to benefit directly as the rally in SpaceX shares further boosts his fortune.

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Bloomberg3h ago

Kingdom Holding Co. Surges as SpaceX Stake Nears $7 Billion

The Saudi sovereign bet on orbital infrastructure

The National Herald3h ago

SpaceX Stock Soars in Debut and Makes Elon Musk the First Trillionaire - The National Herald

A Saudi prince's fortune soared with SpaceX. Can his firm now leverage this windfall for long-term growth?

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5 total

Left50%

Right50%

Bloomberg3h ago

Kingdom Holding Co. Surges as SpaceX Stake Nears $7 Billion

The Saudi sovereign bet on orbital infrastructure

The National Herald3h ago

SpaceX Stock Soars in Debut and Makes Elon Musk the First Trillionaire - The National Herald

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