---
title: "Saudi Arabia's PIF adds Elon Musk's SpaceX in Q2"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295956737.md"
description: "Saudi Arabia's Public Investment Fund (PIF) initiated a new position in SpaceX during Q2, acquiring approximately 154.15 million Class A shares for about $26.38 billion, according to its latest 13F filing. This move adds to PIF's portfolio of over 220 companies, which also includes continued holdings in Claritev, Electronic Arts, Lucid Group, and Uber."
datetime: "2026-08-14T16:12:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295956737.md)
  - [en](https://longbridge.com/en/news/295956737.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295956737.md)
---

# Saudi Arabia's PIF adds Elon Musk's SpaceX in Q2

Saudi Arabia's sovereign wealth fund, PIF, initiated a new position in Elon Musk's Space Exploration Technologies (SPCX) during the second quarter. One of the largest and most impactful state funds, PIF manages more than $900B in assets under management. The fund has over 220 portfolio companies. The fund acquired ~154.15M class A shares of SpaceX ...

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