SpaceX IPO at $1.8 Trillion Valuation Expected to Create Nine Billionaires, Forbes Says

SpaceX’s planned initial public offering at a $1.8 trillion valuation is expected to create nine billionaires, according to Forbes. According to Odaily, the list includes a chief financial officer who managed the company’s accounts for 14 years, a female executive who rose from the 11th employee to president, a Twitter co-founder, and a Saudi prince who invested early. Forbes estimated Prince Alwaleed bin Talal Alsaud holds about 0.28% of SpaceX, valued at $5.1 billion. Luke Nosek was estimated to hold 0.19%, valued at $3.4 billion, and Larry Ellison was estimated to hold 0.15%, valued at $2.7 billion. Jack Dorsey was estimated to hold 0.14%, valued at $2.6 billion. Gwynne Shotwell was estimated to hold 0.10% including options, valued at $1.7 billion. Bret Johnsen was estimated to hold 0.07% including options, valued at $1.2 billion. Tom Mueller was estimated to hold 0.06%, valued at $1.1 billion. Kimbal Musk was estimated to hold 0.04%, valued at $760 million. Steven Witkoff was estimated to hold 0.01%, valued at $270 million.