Washington, United States — SpaceX, owned by Elon Musk, is reportedly in discussions with the Public Investment Fund over a potential $5 billion investment ahead of its anticipated initial public offering.
Strategic pre-IPO investment
The potential deal would give the Public Investment Fund a significant stake in the offering, strengthening its position within SpaceX as the company prepares to enter public markets.
Record-breaking IPO expectations
SpaceX aims to raise around $75 billion, potentially surpassing historic IPOs such as:
- Saudi Aramco
- Alibaba
Talks still in early stages
Sources indicate that discussions remain preliminary, with no final agreement reached, as the company gauges investor appetite for one of the largest IPOs in history.
Growing investment ties
The talks highlight deepening ties between the Public Investment Fund and ventures linked to Elon Musk, particularly in technology and innovation sectors.
