Commercial Space Industry (New Space)  

Scottish Mortgage cuts SpaceX holding to 11.1% of assets and exits Tesla

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Scottish Mortgage Investment Trust has reduced SpaceX to 11.1% of its assets and sold its remaining Tesla stake. The changes reduce the trust’s exposure to two companies associated with Elon Musk, while SpaceX remains a significant portfolio holding.

Discovered 2026-11-06T06:04:43.846055-08:00 | 2026-11-06T06:04:43.846055-08:00

Briefing

What Hype is tracking

  • The trust retains a sizable SpaceX position at 11.1% of assets, keeping a major listed investment vehicle exposed to the private space company.
  • Selling its remaining Tesla stake ends the trust’s equity exposure to Musk’s automaker; the reported portfolio changes show distinct investment decisions across the two companies.

Reported By

CNBC
Sources Tracked
1
First Seen
2026-11-06T06:04:43.846055-08:00
Latest Update
2026-11-06T06:04:43.846055-08:00
Coverage
Space

Sources

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