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The Nexus
BUSINESSMay 26 · 12:20 UTCSEMAFORMohammed Sergie

Gulf's SpaceX investors could be set for windfall following IPO

Gulf sovereign wealth funds and billionaires, including Saudi billionaire Prince Alwaleed bin Talal, stand to gain significantly from SpaceX's potential IPO. Investments via xAI and direct stakes in SpaceX, valued at up to $4.5 billion for some, could yield massive returns as the company targets a $28.5 trillion market. Regional entities like PIF's HUMAIN, Abu Dhabi's MGX, and Qatar Investment Authority have also backed Musk's ventures.

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