Foreign media quoted people familiar with the matter as saying that a subsidiary of the Saudi Arabian Public Investment Fund and an investment company headquartered in Abu Dhabi, United Arab Emirates, plan to invest billions of dollars in the space company SpaceX.
According to the report, this round of financing is expected to value SpaceX at approximately US$140 billion (currently approximately RMB 961.8 billion).
Elon Musk-led SpaceX raised $2 billion last year and $2.6 billion in 2021, according to venture capital firm Space Capital.
Representatives of the Abu Dhabi-based company and Morgan Stanley have told investors that Saudi Arabia’s Public Investment Fund’s Hydropower Holdings and the UAE’s Alpha Dhabi are both local, the article said. participants in the financing round.
The PIF affiliate’s interest in SpaceX is particularly notable given Elon Musk’s previous spat with the head of PIF over electric car maker Tesla. In January, Elon Musk claimed he secured funding to take Tesla private in 2018, and Yasir Al-Rumayyan, director of the Saudi Public Investment Fund, pledged support for the deal at the time. But in the end did not support the deal.
