Stock offerings
Baillie Gifford's Tech-Heavy Investment Trusts May Benefit from SpaceX's Estimated $400bn Valuation
Baillie Gifford's investment trusts, which have significant holdings in SpaceX, could experience a boost in value due to the company's reported sale of employee shares at a valuation of $400bn. This would represent a significant increase from the $210bn valuation in mid-2024, following a tender offer