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Norway's sovereign wealth fund posts record H1 profit, discloses SpaceX stake

Quartz +2 ·

SPCX Space Exploration Technologies Corp
$171.09 +7.63%
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  1. 1Norway's Government Pension Fund Global posted a profit of about $184.9 billion in the first half, a record for any six-month period.
  2. 2The fund disclosed a 0.05% stake in SpaceX, valued at slightly above $1.2 billion.
  3. 3Buoyed by strength in Asian tech stocks, it delivered a 9.4% return in the first half, outperforming its benchmark by 0.22 percentage points.

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