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Norway Wealth Fund Considers SpaceX Investment

The world largest sovereign wealth fund is in talks with SpaceX ahead of a potential public offering this summer. Deputy CEO Trond Grande confirmed the dialogue.

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The sovereign wealth fund of Norway, the largest of its kind globally with a valuation of $2.2 trillion, is currently evaluating a potential investment in SpaceX. The aerospace manufacturer, led by Elon Musk, is reportedly preparing for a massive initial public offering this summer that could reach a valuation of $1.75 trillion, potentially marking the largest IPO in history.

A SpaceX Falcon 9 rocket, featuring the B1067 booster on its record-breaking 25th flight, ascends from Cape Canaveral Space Force Station in Florida. REUTERS/Steve Nesius/File Photo
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