Browsing: Arabia

Elon Musk’s SpaceX has entered discussions with Saudi Arabia’s Public Investment Fund (PIF) for a potential $5 billion anchor investment in the space company’s highly anticipated IPO, according to sources familiar with the talks. The move signals a potential deepening of the relationship between the Saudi sovereign wealth fund and Musk’s portfolio of tech companies. […] The post Saudi Public Investment Fund in Talks for $5 Billion Anchor Investment in SpaceX’s Mega-IPO first appeared on MENA Startup Digest.