Investment
Features
FeesSafety
Academy
More
Pluang+

Norway's sovereign fund reveals $1.2B stake in SpaceX as stock nears IPO price.

Market News
12 Aug 2026
Finbold
View Source
Bullish
pluang ai news

Norway's Government Pension Fund Global disclosed a 0.05% stake in SpaceX valued at about $1.23 billion as of June 30, 2026. This stake represents roughly 6.59 million shares, with SpaceX's stock trading near its IPO price and a market cap of $1.8 trillion. The fund, which posted a record $184.3 billion profit in H1 2026, sees potential in SpaceX's growth driven by Starship, Starlink, and AI projects. Analysts project a 73% upside in SpaceX's stock over the next year, highlighting strong future profit prospects for the fund.

More News (SPCX)

Anthropic aims for a $2 trillion IPO, potentially the largest ever, but risks and high valuation remain concerns.

Anthropic aims for a $2 trillion IPO, potentially the largest ever, but risks and high valuation remain concerns.

Anthropic, an AI company, is targeting an October IPO with a valuation of $2 trillion or more, which would surpass SpaceX's recent $1.77 trillion debut. Investors expect the company's revenue to jump from $47 billion to over $100 billion within a yea...

Market News
Bearish
6 hours ago
Nvidia shares climb as AI demand and new GPU tech boost semiconductor optimism.

Nvidia shares climb as AI demand and new GPU tech boost semiconductor optimism.

Nvidia shares are rising again, driven by strong AI demand and anticipation for the new Vera Rubin GPU technology, which is significantly more efficient. Hyperscalers and major tech firms are increasing their capital expenditures to secure Nvidia's a...

Market News
Bullish
7 hours ago
Alphabet's $900M bet on SpaceX now worth $94B, showcasing rare 100x return on patient investment.

Alphabet's $900M bet on SpaceX now worth $94B, showcasing rare 100x return on patient investment.

Alphabet's $900 million investment in SpaceX in 2015 has grown to a $94.2 billion stake as of mid-2026, marking a rare 100x return. This stake now represents 95% of Alphabet's investment portfolio and highlights the company's willingness to make long...

Market News
Bullish
7 hours ago
SpaceX shares dip post-IPO but Wall Street predicts strong gains ahead

SpaceX shares dip post-IPO but Wall Street predicts strong gains ahead

SpaceX shares opened above IPO price but early investors faced losses as the stock dipped after debut. Despite a recent rally nearing 40%, initial buyers still saw declines. Positive earnings and strategic investments, including Tesla's stake in a Te...

Market News
Neutral
7 hours ago
Elon Musk holds 48.4% of SpaceX, valued over $900B, as shares rebound after strong Q2 results.

Elon Musk holds 48.4% of SpaceX, valued over $900B, as shares rebound after strong Q2 results.

Elon Musk disclosed a 48.4% stake in SpaceX, worth over $900 billion, maintaining control with more than 82% voting power after its June IPO. SpaceX's stock price recovered above its IPO level following a strong Q2 report showing 92% revenue growth a...

Company Fundamentals
Bullish
9 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App