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MGX to Stargate

2025-01-21, joint venture

From MGX to Stargate

Disclosed: undisclosed

Committed: undisclosed

Basis: announced ceiling

Confidence: high

Term: 4 years

Source

SoftBank Group, 2025-01-22

Notes

MGX was named an initial equity funder of Stargate, which stated an intent to invest 500 billion US dollars over four years with 100 billion deployed immediately. Per-funder amounts were not disclosed.

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