Disclosures filed with the U.S. Securities and Exchange Commission (SEC) show that the Public Investment Fund (PIF) holds approximately 154.1 million Class A shares in SpaceX, highlighting the Kingdom\u2019s growing presence in one of the world\u2019s leading space and advanced-technology companies.<\/p>\n
According to data reported by Al Arabiya, the stake has a market value of approximately $21.5 billion, based on a SpaceX share price of $139.50, equivalent to around SAR 80.6 billion.<\/p>\n
The disclosure comes as SpaceX undergoes a major transformation following its listing on U.S. markets in one of the largest initial public offerings in global market history.<\/p>\n
SpaceX is one of the world\u2019s leading space and technology companies, operating across rocket launches, satellite communications and space exploration, while also expanding into artificial intelligence and high-performance computing infrastructure.<\/p>\n
PIF\u2019s investment reflects a broader focus on future-oriented sectors, including technology, artificial intelligence and space, all of which are experiencing rapid global growth.<\/p>\n
SEC filings confirm PIF\u2019s beneficial ownership relationship through Ayar Third Investment Company, a wholly owned subsidiary of the fund. The filings state that PIF may be deemed to beneficially own the shares held by Ayar.<\/p>\n
The investment comes as SpaceX continues to expand its operations, particularly in satellite technology, communications and artificial intelligence.<\/p>\n
In June 2026, SpaceX completed its initial public offering, selling 638.89 million Class A shares at $135 per share, according to an SEC filing.<\/p>\n
The IPO transformed SpaceX from a privately held company into a publicly traded business, allowing investors to value their holdings directly through market trading.<\/p>\n
PIF\u2019s investment in SpaceX is part of a broader strategy to invest in emerging sectors of the global economy, particularly advanced technology, space and artificial intelligence.<\/p>\n
Saudi investment exposure to SpaceX also extends beyond PIF. Kingdom Holding Company disclosed in June 2026 that it owned 42.4 million Class A shares in SpaceX, with a fair value of approximately $6.83 billion based on the share price at the time of the disclosure.<\/p>\n
Earlier in 2026, SpaceX also held discussions with PIF regarding a potential investment in the company, according to sources cited by Reuters.<\/p>\n
The investment highlights the growing importance of the space economy as a potential major growth sector in the coming years, driven by expanding satellite networks, space-based communications and artificial intelligence.<\/p>\n
It also aligns with the Kingdom\u2019s broader strategy of diversifying its investment portfolio and establishing positions in strategically important emerging industries, supporting the objectives of Saudi Vision 2030 and strengthening the Kingdom\u2019s role in the global technology and innovation economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Disclosures filed with the U.S. Securities and Exchange Commission (SEC) show that the Public Investment Fund (PIF) holds approximately 154.1 million Class A shares in SpaceX, highlighting the Kingdom\u2019s growing presence in one of the world\u2019s leading space and advanced-technology companies. According to data reported by Al Arabiya, the stake has a market value of approximately $21.5 billion, based on a SpaceX share price of $139.50, equivalent to around SAR 80.6 billion. The disclosure comes as SpaceX undergoes a major transformation following its listing on U.S. markets in one of the largest initial public offerings in global market history. A<\/p>\n","protected":false},"author":1,"featured_media":58238,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12852],"tags":[],"class_list":["post-58237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-finance"],"yoast_head":"\n