According to the Financial Times, if SpaceX goes public at a $1.75 trillion valuation, D1 Capital Partners’ stake would be worth approximately $20 billion. The fund first invested in SpaceX in 2020, when the company was valued at around $36 billion, and currently manages about $35 billion in assets. Darsana Capital Partners is estimated to hold shares worth approximately $15 billion, having made its initial investment when SpaceX was valued at around $33 billion. SpaceX’s valuation has risen from under $400 billion less than a year ago to $1.25 trillion, primarily driven by growth in its Starlink and rocket launch businesses. Musk has recently secured the right to acquire Cursor for $60 billion and has entered into a deal with Anthropic, expected to generate annual revenue growth of approximately $5 billion.
D1 Capital Partners could earn $20 billion from SpaceX's IPO
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Summary
D1 Capital Partners could realize a $20 billion gain if SpaceX goes public at a $175 billion valuation. The fund first invested in 2020, when SpaceX was valued at $36 billion. Ecosystem growth has driven this surge, with Starlink and rocket launches propelling the valuation to $125 billion in under a year. On-chain data shows increased activity as the space sector gains momentum.
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