---
title: "Norway wealth fund holds $1.2 bln stake in SpaceX"
description: "ARENDAL, Norway, Aug 11 (Reuters) - Norway's $2.3 trillion wealth fund, the world's largest, held a 0.05% stake in SpaceX SPCX.O worth $1.22 billion as of June 30, it said for the first time on Tuesday, in an updated list of holdings."
type: "NewsArticle"
publisher: "Daily Maverick"
site: "https://www.dailymaverick.co.za"
section: "World"
author: "Reuters"
author_url: "https://www.dailymaverick.co.za/author/reuters/"
canonical_url: "https://www.dailymaverick.co.za/article/2026-08-11-norway-wealth-fund-holds-1-2-bln-stake-in-spacex/"
published: "2026-08-11T21:31:31"
lang: "en-ZA"
word_count: 73
---

# Norway wealth fund holds $1.2 bln stake in SpaceX

> ARENDAL, Norway, Aug 11 (Reuters) - Norway's $2.3 trillion wealth fund, the world's largest, held a 0.05% stake in SpaceX SPCX.O worth $1.22 billion as of June 30, it said for the first time on Tuesday, in an updated list of holdings.

By Reuters · Published 11 August 2026, 23:31 SAST

## Content

The fund's stake in SpaceX is modest when compared against other tech stocks the fund holds.

Investing the Norwegian state's revenues from oil and gas production, the fund owns on average 1.5% of all listed companies globally, making it the world's largest single investor.

Overall the fund is invested in some 7,200 companies globally. It also invests in stocks, property and renewable projects.

(Reporting by Gwladys Fouche in Arendal, editing by Terje Solsvik)