Baillie Gifford set to more than triple money on Anthropic stake after £3.6bn SpaceX gain

Baillie Gifford, an early SpaceX backer, has made roughly a 30-times return on its initial investment following the company’s recent IPO. The stock rose nearly 50% in its first two trading sessions, making it the world’s fourth-largest company by market value. The report said Baillie Gifford trusts such as Scottish Mortgage may adjust their holdings once the lock-up period ends. While the event does not directly move indices or commodities, it is presented as a landmark private tech listing that reinforces investors’ appetite for high-growth technology assets.