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Elon Musk backer buys into WiseTech

Max Mason
Max MasonSenior courts and crime reporter
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A Scottish fund manager and long-time shareholder of Elon Musk’s Tesla and SpaceX has become one of WiseTech Global’s largest shareholders.

Edinburgh-based Baillie Gifford, which has £197 billion ($409 billion) in funds under management revealed it now owns more than 16.8 million WiseTech shares, or just over 5 per cent of the beleaguered ASX-listed global logistics software provider.

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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
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    Original URL: https://www.afr.com/technology/elon-musk-backer-buys-into-wisetech-20250519-p5m0ef