Saudi Prince's Early SpaceX Bet Now Worth $5.1B as Rocket Company Launches IPO at $1.8T Valuation

According to Forbes, Saudi Prince Alwaleed bin Talal's early investment in SpaceX has become worth approximately $5.1 billion following the rocket company's initial public offering at an $1.8 trillion valuation. The prince holds an estimated 0.28% stake in the company. SpaceX's IPO is projected to create nine billionaires among early investors and executives, including former Twitter co-founder Jack Dorsey and female president Gwynne Shotwell.
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