SpaceX IPO to Create Nine Billionaires, Including Twitter Co-Founder

KuCoinFlash

Release Time: 06/12/2026 10:27:53

Summary

SpaceX’s upcoming IPO, valued at $180 billion, is set to turn nine individuals into billionaires, including Twitter co-founder Jack Dorsey and Saudi Prince Alwaleed bin Talal Al Saud. Early investors, executives, and key stakeholders stand to realize substantial gains from their shares and options. The announcement has drawn attention within crypto news circles, as many observe how the space and digital assets sectors continue to converge. This development adds to the growing list of high-profile events in cryptocurrency news.

Odaily Planet Daily reports: As SpaceX launches its IPO with a $1.8 trillion valuation, it will create nine billionaires, including a CFO who has managed its accounts for 14 years, a female executive who rose from the 11th employee to president, a co-founder of Twitter, and a Saudi prince who made an early investment—all of whom have reaped enormous wealth from this space capital bonanza:

1. Prince Alwaleed bin Talal Al Saud: Estimated ownership stake of 0.28%, equivalent to a share value of $5.1 billion;

2. Luke Nosek: Estimated ownership stake of 0.19%, equivalent to a share value of $3.4 billion;

3. Larry Ellison: Estimated ownership stake of 0.15%, equivalent to a share value of $2.7 billion;

4. Jack Dorsey: Estimated ownership stake of 0.14%, equivalent to a share value of $2.6 billion;

5. Gwynne Shotwell: Estimated ownership stake of 0.10% (including options), equivalent to a share value of $1.7 billion;

6. Brett Johansen: Estimated ownership stake of 0.07% (including options), equivalent to a share value of $1.2 billion;

7. Tom Mueller: Estimated ownership stake of 0.06%, equivalent to a share value of $1.1 billion;

8. Kimbal Musk: Estimated ownership stake of 0.04%, with shares valued at $760 million;

9. Steven Wittkoff: Estimated ownership stake of 0.01%, equivalent to a share value of $270 million. (Forbes)

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