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Kevin Simpson increases his SpaceX stake

Original: Trade Tracker: Kevin Simpson buys more SpaceX

Investor Kevin Simpson has bought additional SpaceX shares, according to CNBC's Trade Tracker, which follows notable trades by fund managers. The purchase signals continued institutional interest in Elon Musk's private space company, which remains one of the most valuable startups in the world and draws regular attention whenever its shares change hands.

Why now: SpaceX's high valuation and rarity as a privately held stock make any reported insider or fund purchase newsworthy.

Kevin SimpsonSpaceXCNBC

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