According to reports by Arabian Gulf Business Insight and GulfBase, SpaceX's initial public offering, provisionally scheduled for June 2026, is attracting substantial interest from Gulf investors because the company's objectives overlap with the region's digital transformation and knowledge-economy ambitions.
Saudi Arabia's Public Investment Fund is considering a $5 billion investment as an anchor investor, after previously investing $3 billion in Elon Musk's xAI.
The Qatar Investment Authority and the Oman Investment Authority participated in earlier xAI funding rounds and are expected to expand their investments in the new offering.
In the UAE, Alpha Dhabi Holding and International Holding Company, both previous SpaceX investors, are preparing to participate in the IPO.
The offering aims to raise $75 billion in its first round, at a valuation exceeding Saudi Aramco's record valuation in 2019.
Following its merger with xAI, SpaceX combines space technology and artificial intelligence, making it a strategic investment opportunity for Gulf countries focused on the space economy and deep technologies.
Gulf interest extends beyond sovereign wealth funds to family offices and individual investors who see SpaceX as a rare opportunity to participate in the global space and AI sectors.
Gulf Countries Prepare for Potential SpaceX IPO Valued Above $1.75 Trillion
Gulf sovereign wealth funds and major investors from Saudi Arabia, the UAE, and Qatar are preparing to participate in Elon Musk’s upcoming SpaceX IPO, expected to exceed $1.75 trillion in valuation after merging with xAI. Saudi Arabia’s PIF, Qatar’s QIA, and Abu Dhabi’s IHC are among the key players eyeing anchor investments in what could become the largest public listing in history.
