BREAKING: Saudi Arabia’s Public Investment Fund has disclosed a massive $26.3 billion stake in SpaceX.

Its latest SEC filing shows:

• 154,146,835 SpaceX shares

• Valued at $26.34 billion as of June 30

• Listed as a newly disclosed position for Q2

One of the world’s largest sovereign wealth funds is placing an enormous vote of confidence in SpaceX and Elon Musk’s vision for the future.