Logo ofPublic Investment Fund
Saudi Arabia’s Public Investment Fund (PIF) and the Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion in SpaceX’s initial public offering (IPO), Bloomberg reported, citing sources familiar with the matter.
The $580 billion Qatar Investment Authority is also likely to make a significant commitment, the sources said.
On June 3, SpaceX announced, in a filing submitted to the US Securities and Exchange Commission (SEC), its plan to set a fixed price of $135 per share in its 555.6 million share IPO, which would result in the company raising $75 billion.
Logo ofPublic Investment Fund
Saudi Arabia’s Public Investment Fund (PIF) and the Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion in SpaceX’s initial public offering (IPO), Bloomberg reported, citing sources familiar with the matter.
The $580 billion Qatar Investment Authority is also likely to make a significant commitment, the sources said.
On June 3, SpaceX announced, in a filing submitted to the US Securities and Exchange Commission (SEC), its plan to set a fixed price of $135 per share in its 555.6 million share IPO, which would result in the company raising $75 billion.

