SpaceX IPO: How much will Elon Musk and his inner circle earn?
As SpaceX prepares to go public, its S-1 filings confirm that Elon Musk maintains absolute control over the company. Most surprisingly, if one million people begin living on Mars, Musk will receive an additional one billion shares. Although this condition sounds like science fiction, Musk already holds voting rights for these shares. This is reported by Techcrunch.com reports .
Currently, Elon Musk is the company's largest shareholder. He owns approximately 850 million Class A shares (1 vote each) and nearly 5.6 billion Class B shares (10 votes each). It is unclear how many shares will be offered during the SpaceX IPO, but market experts estimate that the listing could raise $75 billion, valuing the company at $1.7 trillion.
With such a massive valuation, even a 1% stake would be worth $17 billion. Beyond Musk, one of the biggest beneficiaries of this process is investor and board member Antonio Gracias, who owns over 503.4 million shares. Gracias has long been a close friend and financial partner of Musk.
Antonio Gracias has supported Musk not only in SpaceX but also in projects like Tesla, Solar City, Neuralink, and The Boring Company. He was also part of the investor group that agreed to finance Musk's unsuccessful attempt to acquire OpenAI for $97 billion in early 2025. If the SpaceX IPO succeeds, these individuals will further solidify their positions on the list of the world's richest people.
