SpaceX’s initial public offering (IPO) pushed the value of Elon Musk’s stake above $1 trillion. Stakes held by early SpaceX investors and key executives have also grown to billions of dollars, CNBC reported on June 19.
SpaceX shares trade at $185, up 37 percent from the $135 IPO price. In its first week as a listed company, its market value briefly surpassed Amazon and Microsoft. After a modest pullback, its market capitalisation now stands at about $2.43 trillion.
Based on FactSet data, CNBC tracked shareholders with stakes worth at least $1 billion and found that investment firm Valor Equity Partners held the largest stake at about $96.6 billion. Most of it is client assets. Founder Antonio Gracias (안토니오 그라시아스) is a SpaceX board member and first met Musk more than 20 years ago through venture capitalist David Sacks (데이비드 색스). Gracias previously served as a Tesla director and participated last year in the Trump administration’s Department of Government Efficiency (DOGE) activities.
PayPal co-founder Luke Nosek (루크 노섹) has served as a SpaceX director since 2008, and his stake is worth $6.3 billion. Nosek co-founded Founders Fund with Peter Thiel (피터 틸) and also co-founded Gigafund. He also served as a director at AI company DeepMind before it was acquired by Google.
Gwynne Shotwell (그윈 샷웰), president and chief operating officer, who joined SpaceX early, has a stake worth $2.4 billion. In a CNBC interview on the day of the IPO, Shotwell said, "When Musk presents a vision, I focus on making it a reality." Former SpaceX engineer Nathan Silvernail (네이선 실버네일) said, "Shotwell personally handles customer meetings, builds relationships and closes contracts," adding, "She is the person responsible for operational execution so that the business actually runs."
Chief financial officer Bret Johnsen (브렛 존슨), who joined in 2011, has a stake worth $1.2 billion. He comes from the semiconductor industry, including Broadcom and Mindspeed Technologies, and oversees SpaceX’s long-term financial strategy.