4 Hrs
Source:
الاقتصادية
FI Capital acquires $40B stake in SpaceX
Capital Company has made significant investments in SpaceX, owning approximately a 3.4% stake valued at up to $40 billion. This makes it one of the largest shareholders in the company founded by Elon Musk. Its investments in SpaceX began in 2016 and have grown over time, with the company's current valuation estimated at $40 billion, up from an initial valuation of $15 billion. The company also invests in Musk's other ventures, such as The Boring Company and Neuralink. It follows a focused investment approach, supporting selected companies rather than expanding its portfolio broadly. Since its establishment in 2014, it has achieved an internal rate of return of 41% and has distributed $4.6 billion to investors.
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