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Abu Dhabi's MGX

Coverage of Abu Dhabi's MGX in the Nexus archive.

Earliest in view: May 26 · 12:20 UTCMost recent: May 26 · 12:20 UTC
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  • BUSINESSMay 26 · 12:20 UTCSEMAFOR
    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.