Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza Investing Scottish investment shop Baillie Gifford is in line to more than triple its money on its stakes in Anthropic when the AI juggernaut floats on the stock market this summer, just months after netting a £3.6bn gain on its historic SpaceX punt. Three of the Edinburgh-based asset manager’s flagship trusts could use Anthropic’s eagerly awaited [...]
Scottish Mortgage manager Baillie Gifford eyes £3bn return on historic Space X bet Investing Scottish investment juggernaut Baillie Gifford is in line to net a bumper £3.5bn return on its historic bet on Space X when the rocket maker floats on the stock market later this year, in what is believed to be one of the largest windfalls from a single debut in UK investment history. A Morning Wire [...]
Schiehallion: Value of Spacex stake in Baillie Gifford trust skyrockets Investing Baillie Gifford’s Schiehallion trust marked up the value of its holdings in Elon Musk’s Spacex by 86 per cent last year, as the trust worked to close the gap between its share price and underlying assets. The valuation of Spacex, which makes up 9.4 per cent of Schiehallion’s portfolio, has increased by more than 600 [...]