Economy · Full coverage
Israeli Investors Reap Paper Gains From SpaceX IPO Through StepStone Fund
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Calcalist · 2 days ago
Center 1Unrated 1
What happened
StepStone VC Secondary Fund, sold in Israel to qualified investors, made large paper gains from SpaceX’s IPO. The Israeli slice of its SpaceX exposure was estimated at $3 million, rising to $18 million after the company was valued at $2.4 trillion.
- 01StepStone VC Secondary Fund was marketed in Israel to qualified investors.
- 02The fund built SpaceX exposure through direct and secondary purchases before the IPO.
- 03Its SpaceX exposure reached $400 million, or 10% of assets under management.
- 04Israeli money in the fund rose from $3 million to $18 million, a $15 million paper gain.
- 05The fund was distributed in Israel by Lider Private Equity and raised $30 million in 2024.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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