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Schiehallion

  • Schiehallion: Value of Spacex stake in Baillie Gifford trust skyrockets

    Investing

    Baillie Gifford’s Schiehallion trust marked up the value of its holdings in Elon Musk’s Spacex by 86 per cent last year, as the trust worked to close the gap between its share price and underlying assets. The valuation of Spacex, which makes up 9.4 per cent of Schiehallion’s portfolio, has increased by more than 600 [...]

    Elon Musk founded Spacex and remains its CEO and chief engineer.

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