24 Days
Source:
الاقتصادية
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Kingdom Holding's SpaceX stake may hit 22B riyals
Saudi Kingdom Holding Company announced that its stake in SpaceX, which is preparing for an initial public offering on the Nasdaq, currently amounts to 0.34%, valued at approximately 16.76 billion SAR (4.47 billion USD). Its stake is estimated to be worth between 16.76 billion SAR and 21.26 billion SAR (5.67 billion USD), based on potential valuations ranging from one trillion to 1.75 trillion USD. This would be the case if the share price is set at $135 and the company's valuation exceeds $1.77 trillion. Additionally, Prince Alwaleed bin Talal personally owns 0.29% of SpaceX shares.
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