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الاقتصادية
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Kingdom Holding values SpaceX stake at $6.83B
The Kingdom Holding Company announced its current ownership of shares in SpaceX valued at $6.83 billion, based on a stock closing price of $160.95. This follows the company's listing on NASDAQ with shares valued at $75 billion and a demand exceeding $350 billion. The company's investment in SpaceX represents a 0.34% stake and is subject to a 180-day trading ban, with prospects of an early lifting of the restriction depending on performance results and stock price. Estimates suggest that the value of its stake could reach 22 billion riyals. This investment is considered part of the company's non-current assets, with the possibility of reclassification as a trading investment after the listing.
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