Saudi Kingdom Holding Company: The fair value of its stake in SpaceX is approximately $6.83 billion
Svmuu News: Kingdom Holdings has disclosed that, according to its financial statements as of March 31, it currently holds 42.4 million shares of SpaceX Class A common stock, with a book value of $4.47 billion. Based on SpaceX’s closing price of $160.95 per share last Friday, the fair value of Kingdom Holding’s shares is approximately $6.83 billion (25.60 billion Saudi riyals). Based on SpaceX’s closing price of $160.95 per share last Friday, the fair value of the company’s holdings is approximately $6.83 billion (25.60 billion Saudi riyals). (Jin Shi)
Source:Odaily · Source Link
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