Saudi, UAE investment could see SpaceX's value skyrocket to $140 billion.
SpaceX may receive investment from a unit of Saudi Arabia's investment fund as well as an Abu Dhabi-based company.
SpaceX has yet to comment on the report. It will be interesting to see how this story develops in the wider context of SpaceX's ties to the U.S. government. What would happen, for example, if Badeel, part of Saudi Arabia's sovereign wealth fund, came close to having a controlling interest in SpaceX, which currently has several U.S. Space Force missions in its launch pipeline?
report from last year, Elon Musk owns roughly 4o percent of SpaceX in equity shares, though he also owns about 80 percent in voting shares.SpaceX is close to performing the first orbital test flight of its Mars rocket, Starship.
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