Scottish Mortgage Trust Poised for Gains Ahead of SpaceX and Anthropic IPOs
Scottish Mortgage Investment Trust is positioned to benefit from the upcoming IPO of SpaceX in June, with analysts projecting a market valuation exceeding $1 trillion. The fund has invested approximately £151 million in SpaceX, now valued over $2 billion, and holds a stake in Anthropic, recently valued at $900 billion after raising $30 billion.
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Scottish Mortgage Investment Trust (SMT) anticipates significant growth due to the upcoming SpaceX IPO scheduled for June 2026, potentially valuing the company over $1 trillion. The fund's investment in SpaceX, about £151 million, has increased to over $2 billion.
Additionally, SMT holds a 2.1% stake in Anthropic, which recently raised $30 billion at a $900 billion valuation. Stripe, another holding, is valued at $159 billion, reflecting a surge in transaction volume.
The fund's portfolio also includes major companies like NVIDIA and Taiwan Semiconductor, which are expected to contribute positively to the SMT share price, particularly as NVIDIA's revenue is projected to reach $80 billion in Q1. A recent technical analysis indicates a bullish trend for SMT shares, with resistance at 1,513p and potential gains towards 1,600p.
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