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Italy’s Intesa Sanpaolo Holds Stake in SpaceX Worth Nearly $1 Billion in Second Quarter

Summary by WTVB
MILAN, Aug 17 (Reuters) - Italy's biggest bank Intesa Sanpaolo held ​a stake worth ‌about $966 million in Elon Musk's SpaceX as of June 30, an SEC ‌filing ​showed. • Intesa ⁠held nearly 5.66 ⁠million shares in the rocket and satellite company at the en...

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The Caisse unveils a first stake in SpaceX and reveals a 22% increase in its investment in Microsoft in the second quarter, bringing the value of its investment in the company co-founded by Bill Gates to nearly US$3 billion.

·Montreal, Canada
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Lean Left

The Italian bank has accumulated a record share in Elon Musk's aerospace giant. The investment in SpaceX represents a third of the US portfolio

·Turin, Italy
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ReutersReuters
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Italy's Intesa Sanpaolo holds stake in SpaceX worth nearly $1 billion ...

·London, United Kingdom
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Blue Water Healthy Living broke the news in Port Huron, United States on Monday, August 17, 2026.
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