Kingdom Holding Company announced on June 14, 2026 the latest development regarding its SpaceX investment following the company's successful IPO on NASDAQ on June 12, 2026. SpaceX went public at USD 135 per share and closed its first trading day at USD 160.95 per share. KHC holds 42,408,860 shares of SpaceX Class A Common Stock with a carrying value of USD 4.47 billion, which has a fair value of approximately USD 6.83 billion based on the closing price. The shares are subject to a 180-day lock-up period with certain early release provisions, and KHC's investment may be reclassified from Level 3 to Level 1 within the IFRS 13 fair value hierarchy due to the active market trading.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.