SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.

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By David Moadel Published

Quick Read

  • SpaceX's IPO at $135 per share pushes TSLA CEO Elon Musk's net worth past $1 trillion, crowning him the world's first trillionaire.

  • Former Broadcom (AVGO) executive Bret Johnsen's SpaceX CFO tenure since 2011 converts his 9.6 million shares into a $1.2 billion first-day payday.

  • Luke Nosek's $20 million 2008 SpaceX bet returns roughly $4.5 billion at IPO, ranking among the century's most lucrative venture investments.

  • Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.

SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.

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It’s big news as the buzz gets louder surrounding the most publicized IPO in years. CNBC reporter Robert Frank reported on June 5 that SpaceX’s IPO is set to price next Friday, June 12, at $135 per share. The deal would potentially lift Tesla (NASDAQ:TSLA | TSLA Price Prediction) CEO Elon Musk’s net worth past $1 trillion, crowning him the world’s first trillionaire.

The same offering is minting multiple new billionaires and thousands of millionaires across SpaceX’s executive ranks, early backers, and rank-and-file employees. The company’s S-1 registration statement, signed by management on May 20, 2026, spells out exactly who owns what going into the listing.

Beyond Musk, here are the four figures from the filing whose net worth could change the most when SpaceX rings the opening bell. Each owes their windfall to a combination of early conviction, long tenure, and equity-heavy compensation.

1. Antonio Gracias, Valor Equity Partners Founder

The largest non-Musk winner is Antonio J. Gracias, who has served on the SpaceX board since October 2010 and runs Valor Management LLC, a private equity firm with over $55 billion in assets under management. The S-1 form shows Gracias and Valor entities hold 503,414,530 shares, or 7% of SpaceX’s Class A common stock.

CNBC values that position at more than $130 billion, making Gracias the second-largest beneficiary of the IPO behind Musk. Gracias also helped take Tesla public and served as its lead independent director for eight years, cementing him as one of Musk’s longest-running financial allies.

2. Luke Nosek, Early Venture Backer

Luke Nosek, a SpaceX director, made what may rank as one of the most lucrative venture bets of the century. His 2008 investment of $20 million could be worth roughly $4.5 billion at the IPO price, according to CNBC’s reporting.

Nosek’s filing stake of 32,987,360 Class A shares reflects nearly two decades of patient capital. His payday will sit among the largest individual windfalls from any tech IPO in recent memory.

3. Gwynne Shotwell, President and COO

Gwynne Shotwell has served as SpaceX President and Chief Operating Officer since 2008 and joined the board in 2009. The S-1 lists her holdings at 5,460,400 Class A shares and 7,113,550 Class B shares.

CNBC values Shotwell’s combined stake at $1.7 billion at the $135 IPO price. Her 2025 total compensation already reached $85,806,897, anchored by an option grant valued at nearly $83 million.

4. Bret Johnsen, Chief Financial Officer

Bret Johnsen has served as SpaceX’s Chief Financial Officer since 2011, after a decade at Broadcom (NASDAQ:AVGO) and a CFO stint at Mindspeed Technologies. The S-1 shows him holding 9,583,690 Class A shares.

CNBC pegs Johnsen’s stake at $1.2 billion, making him a first-time billionaire on day one of trading. His 2025 compensation totaled $9,838,002, including option awards that appreciated sharply into the listing.

The Broader Wealth Boom Beyond the C-Suite

Frank’s bigger takeaway is that the SpaceX IPO ripples far beyond the headline billionaires. Thousands of employees who accepted below-market salaries for years in exchange for restricted stock and options will finally cash in, buying homes, traveling, and starting new companies.

A couple hundred SpaceX employees, pooling roughly $20 billion in assets, are negotiating wealth-management fees down from the standard 1% to 30 to 50 basis points. The same playbook is reportedly being copied at other IPO-bound firms, including Anthropic.

For investors watching from the sidelines, the takeaway is less about chasing SpaceX shares on day one and more about studying the cap table. The registration statement filed with the SEC shows that long-tenured insiders, patient venture capital, and equity-heavy employee pay convert a private valuation into generational wealth. Watch for whether lockup expirations and selling-shareholder disclosures change the supply picture once the early trading euphoria fades.

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About the Author David Moadel →

David Moadel is financial writer specializing in stocks, ETFs, options, precious metals, and Bitcoin. David has written well over 1,000 articles for leading online publications, helping investors understand markets, income strategies, and risk.

His work has appeared in The Motley Fool, InvestorPlace, U.S. News & World Report, TipRanks, ValueWalk, Benzinga, Market Realist, TalkMarkets, Finmasters, 24/7 Wall St., and others.

With a master’s degree in education, David has taught at the elementary, high school, and college levels. That teaching background shapes his writing style: clear, educational, and practical. David has also built a loyal social-media audience by providing trustworthy financial content on YouTube, X/Twitter, and StockTwits.

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