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Prince Alwaleed bin Talal lands in Basel the week SpaceX IPO reshapes his fortune
The Saudi billionaire’s brief flight from Basel to Basel coincides with a $2.36 billion SpaceX windfall and a decade-high net worth.
By celebplanes · 1 min read · Prince Alwaleed bin Talal
Prince Alwaleed bin Talal
Prince Alwaleed bin Talal flew from Basel–Mulhouse–Freiburg to Basel–Mulhouse–Freiburg on June 20, a 68-minute loop that likely kept his Boeing 747-4J6 close to its base at EuroAirport. The short hop, at 30,100 feet and 526 knots, suggests a positioning or maintenance move rather than a journey between cities.
The same week, the prince’s fortune hit a decade high above $27 billion, per the Bloomberg Billionaires Index, driven by SpaceX’s record-breaking Nasdaq debut on June 12. Kingdom Holding’s 42.4 million SpaceX Class A shares surged to roughly $6.83 billion, an unrealized gain of $2.36 billion, as reported by Bloomberg and WAYA. The listing, the largest IPO in Wall Street history, reinforced Prince Alwaleed’s ties to Elon Musk’s empire, which also includes stakes in X and xAI.
Basel has appeared in recent flight logs for the prince’s aircraft, and the region hosts maintenance facilities for heavy private jets. With his net worth soaring and Kingdom Holding’s market cap approaching $12 billion, the trip likely reflects routine logistics rather than a public event—though the financial news trailing him is anything but routine.
The aircraft
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