9th June, 2026
This week could be historical for financial markets as SpaceX kicks off a series of “Giga-IPOs”, with valuations of US$ 1 trillion or more, and with unprecedented fundraising targets. Elon Musk’s conglomerate, which includes X (formerly Twitter) and xAI is currently the most valuable private company in the world at US$ 1 trillion and is targeting a value of US$ 1.75 trillion when it gets listed on June 12 on Nasdaq.
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5th June, 2026
Three months into the Iran war, the Gulf is no longer in the first shock phase, but it is not back to normal. Energy flows have partly adapted, sovereign funding markets remain open, and the largest Gulf SWFs are still deploying capital.
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2nd June, 2026
Anthropic’s US$65 billion Series H further integrates GIC, Temasek, and MGX into the private ownership of large-model AI.
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27th May, 2026
A SpaceX IPO would set a public reference price for Gulf state-capital positions in Elon Musk’s companies, as well as shine a light on Gulf ambitions in AI.
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22nd May, 2026
Spain is moving ahead with its state-investment plan, announced in January, to funding. The government has approved a EUR13.3 billion (US$15.4 billion) injection into the Official Credit Institute (ICO) for España Crece, while COFIDES is the Co-investment Fund (FOCO) to bring Qatar Investment Authority (QIA) into a EUR300 million (US$348 million) growth fund for Spanish companies.
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30th April, 2026
Two months after the outbreak of the US-Israeli war with Iran, Gulf SWFs are acting according to mandate rather than market sentiment.
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27th April, 2026
Paramount Skydance’s acquisition of Warner Bros Discovery has moved from an aggressive, heavily syndicated offer into a shareholder-approved transaction whose main risks now sit in regulation, financing execution and Gulf sovereign capital capacity.
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7th April, 2026
The reported PIF talks over a possible US$5 billion SpaceX IPO investment and the reported US$24 billion of Gulf sovereign backing for Paramount Skydance’s Warner deal show that Gulf sovereign wealth funds are becoming crucial repeat providers of large minority capital to Western billionaire-led platforms.
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6th April, 2026
BlackRock’s relationships with sovereign wealth funds have moved well beyond traditional mandates, with the firm now serving different funds as external manager, platform builder, infrastructure sponsor and co-investment partner depending on the mandate, asset class and strategic objective.
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11th March, 2026
The escalation of conflict involving Iran has reinforced the need for sustaining military capabilities when supply chains become uncertain.
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4th March, 2026
Escalating tensions involving Iran and the security of the Strait of Hormuz have revived questions about how Gulf sovereign wealth funds (SWFs) will react to this major regional geopolitical crisis.
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3rd March, 2026
The announced take-private of the AES Corporation at a US$33.4 billion enterprise value including assumed debt, shows sovereign wealth and public pension heavyweights are willing to back a capital-intensive US power platform.
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