Update on NAV and SpaceX Valuation

Summary by AI BETAClose X

Baillie Gifford US Growth Trust PLC announced an upward adjustment to the valuation of its Space Exploration Technologies Corporation (SpaceX) holding, reflecting its policy for private company investments and confirmation of SpaceX's initial public offering price. This adjustment has increased the Net Asset Value to 343.91p as of June 3, 2026. Consequently, SpaceX now represents 16.5% of the company's total assets, up from 13.8% on April 30, 2026.

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