SpaceX's upcoming IPO, valued at $1.8 trillion, is set to create nine new billionaires, according to a report by Forbes. Among them is Saudi Prince Alwaleed bin Talal Al Saud, whose early investment in the company has grown to an estimated $5.1 billion, representing a 0.28% stake. Other notable figures include Twitter co-founder Jack Dorsey, with a 0.14% stake valued at $2.6 billion, and SpaceX President Gwen Shotwell, whose 0.10% stake, including options, is worth $1.7 billion.
The IPO will also benefit investors like Larry Ellison, with a 0.15% stake valued at $2.7 billion, and Luke Nosek, whose 0.19% stake is worth $3.4 billion. The list of new billionaires is rounded out by Brett Johnson, Tom Mueller, Kimball Musk, and Steven Witkoff, with stakes ranging from 0.01% to 0.07%, translating to values between $270 million and $1.2 billion.
SpaceX IPO to Create Nine Billionaires, Valued at $1.8 Trillion
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
