Tiger Global Trims Big Tech, Rotates Into SpaceX as Private Markets Absorb Capital
The crossover manager's latest disclosures show reduced mega-cap technology exposure alongside a new position in SpaceX, illustrating how public-market crowding is pushing institutional capital into late-stage private assets.
Tiger Global Management cut stakes across mega-cap technology holdings while establishing an allocation to SpaceX, a reallocation that mirrors broader institutional discomfort with public AI valuations and growing appetite for privately held frontier assets.