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Norway Wealth Fund Holds $1.2 Billion Stake in SpaceX

2 sources across 2 countries · South Africa · United Kingdom

Who reported this

  • Daily Maverick South Africa · Centre-left · Reader-funded
  • Reuters United Kingdom · Centre · Thomson Reuters Corporation

What the colours mean

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  • Centre-left
  • Centre
  • Centre-right
  • Right
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Norway's wealth fund holds a $1.2 billion stake in SpaceX. The fund, which invests revenues from the Norwegian state's oil and gas production, is the world's largest single investor and owns an average of 1.5% of all listed companies globally. In total, the fund is invested in approximately 7,200 companies worldwide, as well as property and renewable projects. One report notes that the stake in SpaceX is modest when compared to other tech stocks held by the fund.

How each side framed it

Centre-left
The center-left outlet provided broader context regarding the fund's size and framed the SpaceX investment as modest relative to other tech holdings.
Centre
The center outlet focused on the primary financial fact of the investment.

Sources

100% of the statements in this article were traced back to the source articles listed above.