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Event Brief

Scottish Mortgage values SpaceX at $1.25tn ahead of IPO

Scottish Mortgage’s valuation places its SpaceX holding at about £3bn ahead of a blockbuster IPO.
WHO: Scottish Mortgage
WHAT: Scottish Mortgage valued SpaceX at $1.25tn ahead of its IPO
WHEN: May 12, 2026 at 11:14 AM ET
WHERE: United Kingdom
WHY: Part of a scheduled process ahead of the IPO.

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