Forbes Daily: SpaceX Rallies As Institutional Investors Reveal Stakes
Alphabet led disclosed holders with about 551 million shares worth nearly $94 billion as SpaceX stock rose after new filings and share unlocks.
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9 Articles
The World’s Richest Families Bet on SpaceX
Some of the world’s wealthiest families are building significant positions in SpaceX. Bloomberg’s Devon Pendleton breaks down roughly $3.8 billion in holdings disclosed by about a dozen family offices, including investors tied to the Pritzker dynasty, UAE royalty and global hedge fund and mining fortunes. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Investment companies of ultra-rich individuals from the Americas, Europe and the Middle East accumulated billions of dollars in exposure to SpaceX, Elon Musk's rocket company, which highlights the ability of these companies to gain space in highly contested business opportunities. A family office of Nick Pritzker, heir to Hyatt Hotels, had an investment of $1.8 billion at the end of June in the rocket, satellite and artificial intelligence compa…
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