Norway's Fund Profits Surge with SpaceX Stake | Europe News

Norway’s colossal sovereign wealth fund just smashed records with an $184 billion profit in the first half of the year, fueled by big tech stocks—and quietly revealed it owns a tiny 0.05% stake in SpaceX worth $1.2 billion. Managed by Norway’s central bank and funded by oil revenues, this global investment giant is betting on long-term security through bold moves like backing space exploration, proving its strategy thrives on diversification and future-focused bets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/51f21cfad14ab49b