REG - Baillie Gifford US - Update on NAV and SpaceX valuation

Baillie Gifford Us Growth TrustAnnouncement

16/12/2025 12:45

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RNS Number : 7966L  Baillie Gifford US Growth Trust PLC  16 December 2025

Baillie Gifford US Growth Trust plc ('USA')

Legal Entity Identifier: 213800UM1OUWXZPKE539

 

Update on Net Asset Value and adjustment to the valuation of Space Exploration
Technologies Corporation ('SpaceX')

Today, the Board has been advised by the Manager of a trigger event that
requires an upwards adjustment in the valuation of the Company's holding in
SpaceX in line with its policy for valuing private company investments. This
has been reflected in the Net Asset Value of the Company which as at close of
business on 15 December 2025 stands at 308.89p.

 

Following that adjustment in valuation the proportion of the Company's total
assets made up by SpaceX stands at 11.4% at close of business on 15 December
2025, compared with 6.0% on 30 November 2025.

 

Baillie Gifford & Co Limited

Company Secretaries

16 December 2025

 

 

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