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Saudi Investors Could Emerge as Key Winners From SpaceX’s Historic IPO

Summary by Al-Monitor
A new disclosure from Saudi Arabia's Kingdom Holding ahead of SpaceX’s Nasdaq debut shows just how valuable Elon Musk's relationship with Gulf investors has become.

3 Articles

Right

SpaceX's upcoming IPO is turning into a gold mine for Saudi Prince Alwaleed bin Talal, who turned an investment in Twitter into a billion-dollar stake in Elon Musk's ecosystem - SpaceX: Preparing for the world's largest IPO - Targeting a valuation of $1.78 trillion

There are those who with the sale of SpaceX to the stock market aspire to become millionaires and those who will directly pass to another level of wealth. In this sense, the net worth of the Saudi prince Alwaleed bin Talal will reach its maximum valuation in ten years after the publication of the holding of shares in SpaceX. Alwaleed has confirmed in a statement that both he and his company held a share of 0.63% in SpaceX thus causing an increas…

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Al-Monitor broke the news in Washington, United States on Thursday, June 4, 2026.
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