Gulf investors eye payday ahead of SpaceX IPO
The IPO could leave Saudi investors holding a combined stake worth well over $15 billion in one of the world’s most coveted technology companies.
Welcome back to AL-MONITOR Business & Tech.
This week, we look at how one of Saudi Arabia’s richest men stands to cash in on the SpaceX IPO, which is slated to be the biggest in history and could make founder Elon Musk the world’s first trillionaire. Elsewhere in the region, Syria is scaling up alternative trade routes in response to disruptions in the Strait of Hormuz, and we examine some of the unlikely economic winners emerging from the US-Israel-Iran war.
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