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

- Source: CNBC Top News
- Published: 2026-11-06T13:25:27+00:00
- Category: Local
- Original: https://www.cnbc.com/2026/11/06/scottish-mortgage-tesla-spacex.html
- Canonical: https://groundlevelnews.com/story/a-long-term-elon-musk-backer-is-cashing-out-of-tesla-and-cutting-its-s-07ead2/

Scottish Mortgage Investment Trust has cut its SpaceX holding to 11.1% of assets and sold its remaining Tesla stake.

_Ground Level News shows a short summary only; the full article and all rights belong to CNBC Top News._