Saudi Arabia’s Kingdom Holding Co., a publicly traded, globally diversified investment holding company headquartered in Riyadh, said the value of its stake in SpaceX has climbed to about $6.83 billion...

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<p>Saudi Arabia’s Kingdom Holding Co., a publicly traded, globally diversified investment holding company headquartered in Riyadh, said the value of its stake in SpaceX has climbed to about $6.83 billion after the aerospace company’s debut on Nasdaq, marking an unrealized gain of roughly $2.36 billion.</p></div></div>

Saudi Fund’s SpaceX Stake Jumps to $6.83B After IPO Debut, Up $2.36B

Author: Gino Matos
Compiled by: TechFlow TechFlow
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President Donald Trump declared a deal with Iran complete on Sunday, immediately authorizing the toll-free reopening of the Strait of Hormuz and the removal of the U.S. naval blockade.
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