Business

A long-term Elon Musk backer is cashing out of Tesla — and cutting its SpaceX exposure

Scottish Mortgage Investment Trust has cut its SpaceX holding to 11.1% of assets and sold its remaining Tesla stake.

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated November 6, 2026, 1:51 PM UTC

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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