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

CNBC reported on Fri Nov 6, 7:51 AM CT, unconfirmed by other outlets so far: A long-term Elon Musk backer is cashing out of Tesla — and cutting its SpaceX exposure.

What happened

Source summary (excerpt): “Scottish Mortgage Investment Trust has cut its SpaceX holding to 11.1% of assets and sold its remaining Tesla stake.”

Sourcing: single source, treat as unconfirmed until corroborated.

Reported from CNBC. Site-only brief: it was not posted on X.

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