Wall Street tycoon threatens to sue UK fund for selling shares in SpaceX
Yahoo Finance·2026-01-07 15:41

Boaz Weinstein, who runs Saba Capital Management, has become a vocal critic of several UK-listed investment trusts over the past year - Jeenah Moon/Bloomberg A Wall Street tycoon has threatened to sue one of the UK’s largest investment trusts for reducing its stake in Elon Musk’s SpaceX. Boaz Weinstein, who runs Saba Capital Management, said the partial sale of Edinburgh Worldwide Investment’s “crown jewel” interest in Mr Musk’s rocket company “appears to defy commercial logic”. Edinburgh Worldwide Inve ...