Musk's SpaceX stake crosses $1 trillion, other billionaire shareholders revealed
Elon Musk's stake in SpaceX has crossed $1 trillion after the company's latest secondary-market valuation. According to a CNBC review, Google's co-founders, Founders Fund and Fidelity rank among the largest billionaire holders. The company's valuation is more than double its level a year ago.
Drawing on SpaceX's most recent secondary-market trades, CNBC calculated that Elon Musk's roughly 42 percent controlling stake has crossed the $1 trillion mark for the first time. The level ties the bulk of Musk's net worth to a single private company.
CNBC reported that Google co-founders Larry Page and Sergey Brin still hold meaningful positions from their 2015 investment, while Peter Thiel's Founders Fund and Fidelity rank among the largest non-public shareholders. The company has more than doubled its valuation over the past year through fresh private rounds that backstop growth in Starlink and Starship.
Analysts said SpaceX has reiterated it has no plans for an initial public offering, which makes secondary-market trades the only liquidity channel for employees and investors holding shares. Last month's tender priced the stock above $540 a share.
Read next
Morocco beats Scotland 1-0 at World Cup as Rabat streets fill with celebrating fans
Morocco beat Scotland 1-0 in their World Cup group-stage match. According to BBC Africa, fans poured onto the streets of Rabat and other Moroccan cities as the final whistle blew, extending the country's strong start to the tournament.
US budget airline model runs out of runway as Spirit goes bankrupt
Japan chipmaking equipment suppliers report 10% drop in China sales
Colombia stocks surge at close as COLCAP gains 4.02 percent
Apple to raise prices as AI boom drives chip costs higher
