This longtime Musk ally and SpaceX investor is sitting on a $90 billion jackpot

Entities controlled by Antonio Gracias own roughly 7.3% of SpaceX Class A stock ahead of the IPO, implying a stake worth about $90 billion at the $1.5 trillion valuation investors expect. The article is primarily a valuation and ownership update tied to SpaceX's listing prospects rather than an operating or earnings development.

Analysis

Entities controlled by Antonio Gracias own roughly 7.3% of SpaceX Class A stock ahead of the IPO, implying a stake worth about $90 billion at the $1.5 trillion valuation investors expect. The article is primarily a valuation and ownership update tied to SpaceX's listing prospects rather than an operating or earnings development.