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Muskonomy
@muskonomy
#1# News Brand on X • Since 2023 Reporting on Tesla | SpaceX | Starlink | SpaceXAI | X | Neuralink | The Boring Company I Terafab | Cursor
Joined July 2023
1.3K Following    88.2K Followers
NEWS: Valor distributed 42 million SpaceX shares to its own investors. A new SEC filing shows Valor, the fund run by SpaceX director Antonio Gracias, moved about 42.8 million Class A shares on September 11. This was not a sale. The shares went straight to the investors in Valor's funds, in-kind and with no cash changing hands, under a plan set up back in June. Gracias's total SpaceX stake went from about 503 million shares to about 461 million. Nothing was sold on the open market. Source: SEC Form 4, Space Exploration Technologies (SPCX)
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