Elon Musk's SpaceX Lands $1.22 Billion Investment From Norway’s $2.3 Trillion Sovereign Wealth Fund
SpaceX secures a $1.22 billion investment from Norway’s $2.3 trillion sovereign wealth fund, marking its first-ever disclosed stake.
A huge fund from Norway gave SpaceX $1.22 billion—like a big investor saying 'we trust your company.' When smart investors put money into a space company, it shows they believe it could be worth a lot more someday.
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