SpaceX
SpaceX aims to revolutionise space technology and enable human colonisation of Mars, while Starlink has the world’s largest satellite network. Both businesses are market leaders.
- Pillar
- Private Investments
- Theme
- AI & advanced technologies
- Status
- Current Investment
- Geography
- USA
- Invested date
- November 2024
Why we invest
SpaceX expresses RIT’s investment theme of technology diffusion, in which innovative technologies transform industries beyond the technology sector. We believe it is one of the world’s most groundbreaking companies, well-positioned for continued global expansion and long-term growth.
We have steadily increased our investment in SpaceX, which experienced a significant valuation uplift in 2025.
Following the period end, SpaceX announced that it had acquired xAI, in a deal that values the combined entity at $1.25 trillion, believed to be the world’s most valuable private company.
1Source: SpaceX website.
