SpaceX's record-breaking IPO boosted founder and CEO Elon Musk's personal stake to more than $1 trillion and created billionaire-level holdings for several other shareholders. The company debuted last week with shares priced at $135 and closed Thursday at a market cap of $2.43 trillion, with shares up 37% after the historic listing. The IPO minted thousands of new millionaires as investors scrambled to buy into the company's public market debut. Several shareholders now hold stakes exceeding $1 billion, including early investors, board members, and long-time company executives.
Valor Equity Partners Holds $96.6 Billion Stake
Valor Equity Partners is sitting on a stake worth around $96.6 billion, mostly owned by the firm's clients. The firm's founder and CEO Antonio Gracias currently serves on SpaceX's board. Gracias said he met Musk more than 20 years ago through mutual friend David Sacks, a venture capitalist who until recently served as President Donald Trump's AI and crypto czar. The Valor CEO last year spent time working with Musk as part of the Trump Administration's DOGE effort to slash the federal workforce, regulations and government spending.
Luke Nosek's $6.3 Billion Board Member Stake
Luke Nosek has served on SpaceX's board since 2008, and his stake in the company is worth $6.3 billion. Nosek cofounded VC firms Founders Fund, alongside Peter Thiel, and Gigafund.
Gwynne Shotwell's $2.4 Billion Executive Stake
Gwynne Shotwell currently leads the company's day-to-day running as president and chief operating officer. She is one of the largest individual shareholders in SpaceX, with her stake worth $2.4 billion. In a sit-down interview on Friday, the day of IPO, Shotwell said: "I feel like I'm there as a partner to help [Musk] get the things done that need to get done, and I tend to focus on the day-to-day of the business operations, and he focuses on high-level strategy, as well as super deep dive on the technical." Nathan Silvernail, who spent seven years at SpaceX as an engineer on projects like life support systems from 2014 to 2021, told CNBC: "While Elon's setting the vision, she's the one making sure it gets delivered. She handles the operational execution that actually keeps the business running and brings in the funding."
Bret Johnsen's $1.2 Billion CFO Stake
Bret Johnsen is SpaceX's chief financial officer and joined SpaceX in 2011. He is responsible for the company's long-term financial strategy and financial operations. His stake in SpaceX is worth $1.2 billion.
FAQ
What is Elon Musk's stake in SpaceX worth after the IPO?
Elon Musk's personal stake in SpaceX is worth more than $1 trillion following the company's record-breaking IPO.
Who are the billionaire shareholders in SpaceX besides Musk?
Billionaire-level shareholders include Valor Equity Partners with a $96.6 billion stake, board member Luke Nosek with $6.3 billion, president and COO Gwynne Shotwell with $2.4 billion, and CFO Bret Johnsen with $1.2 billion.
How did SpaceX perform in its IPO debut?
SpaceX debuted last week with shares priced at $135 and closed Thursday at a market cap of $2.43 trillion, with shares up 37% after the historic listing.
