Business & Economy · 33 views
From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
For nearly two decades, some of the world's most prominent investors quietly accumulated stakes in SpaceX while the rocket maker remained largely off-limits to the public markets.
Summary
For nearly two decades, some of the world's most prominent investors quietly accumulated stakes in SpaceX while the rocket maker remained largely off-limits to the public markets. Now, with Elon Musk 's company seeking a valuation of roughly $1.8 trillion in its initial public offering, those early bets are poised to generate some of the largest paper gains in venture capital history.
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