- SpaceX stock (NASDAQ: SPCX) debuted at $150 in June but now trades near $140.
- Five billionaires, including Antonio Gracias and Peter Thiel, have disclosed major SPCX holdings in recent SEC filings.
- Gina Rinehart, Australia’s richest person, acquired an 8-million-share stake valued at roughly $1.37 billion.
Elon Musk’s SpaceX (NASDAQ: SPCX) launched its historic IPO in June at $150, pushing Musk’s net worth past $1 trillion, but the stock has since slipped to around $140. The latest 13F quarterly SEC filing reveals that five billionaires have placed significant bets on the company, which currently dominates satellite communications.
Antonio Gracias, founder of Valor Equity Partners, reported via SEC filings that he owns 503.4 million SPCX shares, worth about $86 billion. Peter Thiel also disclosed 427.3 million shares, a position he built through venture capital since 2008. Meanwhile, Gina Rinehart, Australia’s wealthiest individual, purchased 8 million shares valued at roughly $1.37 billion, marking her largest U.S. company investment. These billionaires are betting on space exploration as the next frontier, despite current market volatility and competition from Amazon.
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