Baillie Gifford Says UK Trust Didn’t Cut SpaceX Stake for Merger

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Why This Matters

Baillie Gifford has disputed claims by activist investor Boaz Weinstein that the company sold its stake in SpaceX for a merger, stating that the sale was not related to a merger.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Baillie Gifford & Co. pushed back against an attack by activist investor Boaz Weinstein, who’s demanded the Scottish fund house explain why one of its trusts sold down a stake in SpaceX.

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Original article published by Bloomberg on January 9, 2026.
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