Money Distilled

The UK Investment Trusts That Own SpaceX

The world’s hottest unlisted company is (sort-of) investable via the London stock market.

SpaceX is rocketing, it seems.

Photographer: Jordan Vonderhaar/Bloomberg
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Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.

Today’s weekly delve into the investment trust sector (last week we looked at Finsbury Growth & Income) was inspired by a story that briefly caught my eye this week, about an unlisted, not-at-all-British company — Elon Musk’s rocketry group, SpaceX.