Nick Clegg could make £30m from Nscale datacentre startup flotation

Former UK deputy prime minister Nick Clegg, a Nscale board member, owns 917,000 shares in the datacentre company preparing a US listing. At a reported valuation of up to $35bn his stake could be worth about $42m, though Nscale was last valued at $14.6bn. The company posted a $1bn loss on $140m revenue in the six months to 30 June.

• Clegg owns 917,000 Nscale shares, a 0.12% stake
• At a $35bn valuation his stake could be worth about $42m
• Nscale was last valued at $14.6bn in a funding round
• $1bn loss on $140m revenue in the six months to 30 June