{"id":4783,"date":"2026-08-17T12:05:36","date_gmt":"2026-08-17T12:05:36","guid":{"rendered":"https:\/\/usmovingexpertss.com\/?p=4783"},"modified":"2026-08-17T12:05:36","modified_gmt":"2026-08-17T12:05:36","slug":"italys-intesa-sanpaolo-holds-stake-in-spacex-worth-nearly-1-billion-in-second-quarter","status":"publish","type":"post","link":"https:\/\/usmovingexpertss.com\/?p=4783","title":{"rendered":"Italy&#8217;s Intesa Sanpaolo holds stake in SpaceX worth nearly $1 billion in second quarter"},"content":{"rendered":"<article><!-- --><!-- --><!-- WPS-5038 -- removed the script from WPS and added the placeholder for trinity player --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- CONTENT --><!--[--><!--[--><\/p>\n<p>MILAN, Aug 17 (Reuters) &#8211; Italy&#8217;s biggest bank Intesa Sanpaolo held a stake worth about $966 million in Elon Musk&#8217;s SpaceX as of June 30, an SEC filing showed.<\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=4781\">Fed to hold interest rates this year, economists say, sticking to their view: Reuters poll<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 Intesa held nearly 5.66 million shares in the rocket and satellite company at the end of the second quarter, the bank said in the filing.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 SpaceX listed in June after an initial public offering. Its current market capitalisation amounts to around $1.9 trillion.<\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=4779\">Hiker enjoying view falls off cliff in NC. Luckily, someone saw it, rescuers say<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<p>\u2022 Intesa&#8217;s stake in SpaceX is the single largest one in the Italian lender&#8217;s U.S. share portfolio, according to the filing.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 The stake makes up about 33% of Intesa&#8217;s $2.92 billion aggregate U.S. portfolio.<\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=4778\">Shares rise, dollar slips as markets pare Fed rate risks<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<p>(Reporting by Giulio Piovaccari; Editing by Kirsten Donovan)<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p><i>Copyright Reuters or USA Today via Reuters Connect<\/i><\/p>\n<p><!-- --><!--]--><!--]--><!-- --><!-- --><!-- --><!-- --><\/article>\n","protected":false},"excerpt":{"rendered":"<p>MILAN, Aug 17 (Reuters) &#8211; Italy&#39;s biggest bank Intesa Sanpaolo held a stake worth about $966 million in Elon Musk&#39;s SpaceX as of June 30, an SEC filing showed.<\/p>\n","protected":false},"author":1,"featured_media":4782,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-4783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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