finance.yahoo.com

SpaceX IPO share unlock draws billionaire investors ahead of August test

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Sig1.85Sen+2.35Env0.00Soc0.00Gov0.00

SpaceX is attracting billions from wealthy investors as its stock nears another major trading test tied to large share unlocks. The company’s June IPO raised $75 billion and introduced public-market exposure to Elon Musk’s space business. Family-office investors reportedly hold about $3.8 billion, including Tao Capital’s $1.8 billion stake, as 319 million additional shares become tradable on Aug. 20 after an earlier Aug. 6 unlock.

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