Saba queries Edinburgh Worldwide sale of SpaceX

Activist investor Saba Capital has questioned the decision by Edinburgh Worldwide Investment Trust (EWI) to reduce its SpaceX stake in its latest open letter. Saba says shareholders need ‘full transparency’ regarding manager Baillie Gifford’s decision to sell down its stake two months ahead of the firm’s scheduled revaluation. It describes the decision to reduce SpaceX, … Continue reading Saba queries Edinburgh Worldwide sale of SpaceX