SpaceX in Talks with Saudi Fund for $5B IPO Investment
SpaceX is reportedly in discussions with Public Investment Fund (PIF) over a potential $5 billion anchor investment ahead of its anticipated initial public offering.
The investment would help secure a cornerstone position for PIF in the IPO while limiting dilution of its existing stake, which is currently just under 1%. The talks are part of SpaceX’s broader effort to line up major institutional investors before launching what could become one of the largest IPOs in history.
The company is targeting a fundraising total of around $75 billion, a scale that would surpass previous landmark listings such as Saudi Aramco and Alibaba.
Led by Elon Musk, SpaceX has been actively gauging investor demand as it prepares for its market debut later this year. Anchor investors are expected to play a key role in stabilizing the offering and signaling confidence to broader markets.
The potential deal would further deepen ties between Musk’s business ecosystem and Saudi Arabia’s investment arm, which has already committed significant capital to related AI and technology initiatives.
While discussions are ongoing, sources indicate that no final agreement has been reached and terms remain subject to change.




