SpaceX stock rise lifts Al Walid and Kingdom holdings to 13B
The value of Prince Alwaleed bin Talal and the Kingdom Holding Company’s investments in SpaceX has increased to more than $13 billion, following a roughly 22% rise in the company's stock at the start of trading on the American market, with the company's market capitalization reaching approximately $2.2 trillion. Their combined stake amounts to about 0.63% of SpaceX's capital, reflecting strong growth in the valuation of the global company specializing in the space and advanced technology sector.
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