BRIEF-Kingdom Holding Announces Update On Its Investment In SpaceX

KINGDOM

KINGDOM

4280.SA

0.00

- KINGDOM HOLDING COMPANY 4280.SE:

  • KINGDOM HOLDING - UPDATE ON ITS INVESTMENT IN SPACEX

  • KHC CURRENTLY HOLDS 0.34 % STAKE IN SPACEX, WITH A CARRYING VALUE OF SAR 16.76 BILLION (USD 4.47 BILLION) IN CO'S FINANCIAL STATEMENTS AS AT 31 MARCH 2026

  • KHC SETS OUT ESTIMATED ILLUSTRATIVE IMPACT ON FAIR VALUE OF ITS SPACEX INVESTMENT AT TWO DIFFERENT VALUATION LEVELS AND ACTUAL IMPACT WILL BE DETERMINED ONCE FINAL IPO PRICE IS CONFIRMED

  • AT A SPACEX TOTAL VALUATION OF USD 1.25 TRILLION (WHICH REPRESENTS CURRENT BOOK VALUE BASIS AS AT 31 MARCH 2026), KHC'S CURRENT STAKE IN SPACE X IS SAR 16.76 BILLION (USD 4.47 BILLION)

  • SHOULD THE VALUATION REACH USD 1.75 TRILLION, KHC'S ESTIMATED STAKE IN SPACE X WOULD INCREASE TO APPROXIMATELY SAR 21.26 BILLION (USD 5.67 BILLION), REPRESENTING AN ADDITIONAL INCREASE OF SAR 4.5 BILLION (USD 1.2 BILLION) OVER CURRENT BOOK VALUE

  • KHC IS NOT IN A POSITION TO CONFIRM ANY SPECIFIC VALUATION AT THIS STAGE

  • ALL ABOVE FIGURES ARE INDICATIVE AND SUBJECT TO CHANGE PENDING CONFIRMATION OF THE FINAL SPACEX IPO SHARE PRICE

Source text: ID:nSSE6y1YFX

Further company coverage: 4280.SE