The fund returned 9.4% in the first half, outperforming its benchmark index by 0.22 percentage points. Its total value stood at 22,683 billion kroner, or around $2.34 trillion, at the end of June. When reporters at Wednesday's press conference pressed Deputy CEO Trond Grande on how the fund's SpaceX exposure had changed over time, he declined to discuss specific holdings. The fund's equity investments fell 2.6% in the first quarter as markets faced volatility, before rebounding 15.98% in the second quarter. The fund received 94 billion kroner in capital inflows during the period, though a stronger Norwegian krone reduced the fund's krone-denominated value by 427 billion kroner.