08:41 AM EDT, 06/10/2026 (MT Newswires) -- SpaceX has received orders for shares worth several billions of dollars from Middle Eastern wealth funds ahead of the company's highly anticipated initial public offering, Bloomberg reported Wednesday, citing people familiar with the matter.

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, the report said, citing the people.

Qatar Investment Authority is also expected to make a large commitment, the people reportedly said.

The wealth funds didn't immediately reply to requests for comment from MT Newswires.

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