Abu Dhabi’s Mubadala Investment Company and its affiliates have disclosed their holdings in Virgin Galactic, according to a US securities filing Friday.
The shares were bought for investment purposes, the sovereign wealth fund said in the regulatory filing.
Mubadala now holds 14.9m shares, or 7.1% in the space tourism company. Its affiliates Aabar Space, Aabar Investments and International Petroleum Investment Co each own 7.1% stakes in Virgin Galactic.
The disclosures come after Virgin Galactic priced 23.6 million shares at $19.50 each earlier this week.
Source: Arabian Business