Exclusive-SpaceX has held talks with Saudi fund for possible $5 billion investment in IPO, sources say

SpaceX’s facilities and employees, as speculation mounts on when the company will aim to file its initial public offering (IPO) prospectus with regulators in Starbase, Texas, U.S. March 25, 2026. REUTERS/Gabriel V. Cardenas

NEW YORK, April 2 (Reuters) - Billionaire Elon Musk’s SpaceX has had discussions ⁠with Saudi Arabia’s Public Investment Fund about PIF potentially taking an ‌anchor stake of around $5 billion in the space company’s IPO, according to two people familiar with the matter.

The investment would partly prevent dilution of PIF’s existing stake of just under 1% in ​SpaceX, the sources said.