SpaceX helps Scottish Mortgage Investment Trust take off Tech Scottish Mortgage Investment Trust revealed the extent of the success of its early backing for Elon Musk’s SpaceX on Wednesday. The buy-and-hold investor’s stake in the rocket maker now amounts to about a fifth of the £16bn fund, as revealed in its results for the year to the end of March. Overall, SMT’s net asset value [...]
SpaceX IPO prospectus is notably vague on Musk’s long-term ambitions Opinion SpaceX's IPO prospectus is 377 pages long, yet vague around Musk's long-term ambitions for space tourism, asteroid mining and real estate.