Among investors, Antonio Gracias stands out as one of the largest beneficiaries of the listing. The founder of Valor Equity Partners has been closely associated with Musk for years and was among SpaceX’s earliest institutional supporters. Through investment vehicles connected to Valor, Gracias controls more than 500 million SpaceX shares, representing roughly 7.3 per cent of the company’s Class A stock. At the IPO price, the stake was valued at over $75 billion (Rs 71.56 lakh crore).
