Tech article
Musk’s long-time backer is giving SpaceX stock to its investors
Publisher description: Valor Equity Partners is handing out stock to its LPs instead of cash returns.
TechCrunch | Sep 16, 2026 | Julie Bort
Automated excerpt
Valor made a killing on SpaceX after investing in it over decades, with entities controlled by Gracias owning more than 500 million shares at the time of the IPO. This was second only to Musk (who owned over 6 billion shares at the time). Transferring ownership of the shares could give those Valor limited partners a tax advantage.
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