MarketJun 14, 2026, 03:33 PM· United States
SpaceX Surge Further Boosts Saudi Billionaire Prince’s Fortune
Summary
The recent surge in SpaceX's valuation has further increased the wealth of Saudi Arabian Prince Alwaleed bin Talal, who holds shares in the company. SpaceX's valuation in its latest funding round reached approximately $180 billion, a significant increase from previous rounds. Prince Alwaleed, through his investment firm Kingdom Holding, owns a stake in SpaceX, and the valuation boost has substantially grown his personal net worth.
Why it matters
The rise in SpaceX's valuation directly increases the wealth of investors associated with Elon Musk, reflecting market optimism about SpaceX's commercial space business.
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SpaceX
Private / not listed