Norway wealth fund SpaceX investment
On April 23, Reuters reported that Norway’s wealth fund was assessing an investment in SpaceX. On August 11, Reuters reported that the fund held a $1.2 billion stake in the company. The story had moved from consideration to ownership.
If factual, the impact is 0%. The fund has gained financial exposure to SpaceX. The reports identify no resulting change to SpaceX’s operations or Norway’s public policy.
Watch for disclosures explaining when and how the fund acquired the stake, as well as any subsequent change in its value or size.
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