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Shares of Saudi Arabia's Kingdom Holding Jump to Their Highest Price in 10 Years
Summary by مجلة رواد الأعمال
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The stock hit its highest price since January 2016 at 13.58 riyals. Saudi Arabia's Kingdom Holding Company's stock reached its highest price in nearly 10 years, rising 10% to 13.58 riyals, amid optimism about gains from the anticipated initial public offering (IPO) of SpaceX. Kingdom Holding Company, along with Prince Alwaleed's private office, holds a 0.63% stake in SpaceX, valued at $10.55 billion at a valuation of $1.75 trillion. *AI summary.…
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