economy
Musk's SpaceX Stake Is Worth Over $1 Trillion. Here Are the Other Billionaire Shareholders
SpaceX shares were up 37% after its historic debut last week, which offered shares at a set price of $135.
TL;DR
- SpaceX's IPO has resulted in Elon Musk's personal stake exceeding $1 trillion.
- Thousands of new millionaires and billionaires have been created by the IPO.
- Valor Equity Partners holds a stake worth approximately $96.6 billion.
- Luke Nosek, a cofounder of PayPal and SpaceX board member, has a stake worth $6.3 billion.
- Gwynne Shotwell, SpaceX's president and COO, holds a stake valued at $2.4 billion.
- Bret Johnsen, SpaceX's CFO, has a stake worth $1.2 billion.
- SpaceX's market capitalization briefly surpassed Amazon and Microsoft but later fell below Amazon.
- Shares were up 37% after the IPO, which offered shares at $135.