Intesa Sanpaolo Discloses $966 Million SpaceX Holding

By EC Assets · Published 17 August 2026

Intesa Sanpaolo holds a substantial stake in SpaceX. The Italian banking group maintains a $966 million holding in the private aerospace company. This figure represents the value of Intesa Sanpaolo's stake. The trading of financial instruments and/or cryptocurrencies involves high risks. These risks include the potential to lose part or all of an investment. Other financial news includes Ferrari's 'Luce' electric vehicle. This model has become a $40 million collector's item. Former Starbucks CEO Howard Schultz sold his Hawaii home for $36 million. This sale occurred months after he acquired a $44 million residence in Florida. Health insurers are discontinuing Medicare Advantage plans. This action will affect nearly 3 million older Americans. Trump Media will pivot away from Bitcoin after nearly $200 million in crypto losses. A retired CPA with a $1.2 million 401(k) does not expect their marginal tax rate to be materially different in the future. This article is intended for informational purposes only. It does not constitute investment advice.