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Norway's Sovereign Fund Earns $184 Billion in Half Year, SpaceX Stake Exceeds $1.2 Billion

Norway's sovereign wealth fund disclosed for the first time a stake of approximately 0.05% in SpaceX, valued at over $1.2 billion. The fund, with assets totaling $2.34 trillion,…

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Norway's sovereign wealth fund disclosed for the first time a stake of approximately 0.05% in SpaceX, valued at over $1.2 billion. The fund, with assets totaling $2.34 trillion, reported a record first-half profit exceeding $184 billion, with a return rate of 9.4%. Equities accounted for over two-thirds of the fund's total investment portfolio, with U.S. stocks comprising about 40% of the overall portfolio. The top three holdings by market value were Nvidia, Apple, and Microsoft.

Original: https://wallstreetcn.com/articles/3779329

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