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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 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 31 March 2026 stands at 301.12p.
Following that adjustment in valuation the proportion of the Company's total assets made up by SpaceX stands at 14.9% at close of business on 31 March 2026, compared with 11.9% on 28 February 2026.
Baillie Gifford & Co Limited
Company Secretaries
1 April 2026
Regulated Information Classification: Additional regulated information required to be disclosed under applicable laws and regulations.
| TIDM | USA |
| Share Price | 349.00p0.87% |
| Market Cap | £1.07bn |
Baillie Gifford US Growth Trust plc announced an upwards adjustment to the valuation of its holding in Space Exploration Technologies Corporation ('SpaceX'). This adjustment resulted in the Company's Net Asset Value standing at 301.12p as at close of business on 31 March 2026. Following this, SpaceX represented 14.9% of the Company's total assets at close of business on 31 March 2026, an increase from 11.9% on 28 February 2026.
| Date | 1 Apr 2026 |
| Time | 16:28:00 |
| Category | Corporate updates |
| ID | 1311Z |