Andreas Halvorsen's Viking Global Investors revealed a significant new investment in Elon Musk's Space Exploration Technologies Corp. (SPCX) in its latest quarterly filing. The hedge fund acquired 1.2 million Class A shares valued at approximately $205.03 million as of the end of the second quarter. This new stake gives the firm a 0.58% position in its reported long portfolio.
Investors should note that this activity was disclosed in a 13F filing, which reports holdings as of June 30, 2026, and is not indicative of current trading. The move into space infrastructure comes as Viking also initiated new positions in Morgan Stanley and Qualcomm, while completely exiting stakes in the AI cloud company CoreWeave and the search giant Alphabet during the same period.