Fidelity's Contrafund has reported a valuation of its investments in SpaceX at $2.7 billion by the end of 2024, demonstrating a substantial increase since 2015, when it first invested during the Series G funding round valued at $12 billion. This valuation now positions SpaceX as the 11th largest holding in the $160 billion Contrafund. The return on Fidelity's initial investment of approximately $43 million has fetched an astounding 2288% over a decade, indicating robust growth prospects for SpaceX.
Fidelity's valuation of its SpaceX stakes at $2.7 billion reflects both the company's growth and the strategic investments made by the Contrafund since 2015.
At the end of December 2024, the Contrafund valued its initial investment of $43 million in SpaceX's Series G shares at over $1 billion, showcasing a remarkable return.
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