Musk's Indian-origin ally Antonio Gracias may make ₹12 lakh crore from SpaceX IPO

Antonio Gracias, an Indian-origin investor and a longtime ally of Elon Musk, could make $128 billion (₹12 lakh crore) if SpaceX hits a $2 trillion valuation in its IPO. Gracias, along with his private investment firm Valor Equity Partners, controls a 7.3% stake in SpaceX, according to a filing. This makes Gracias the second-largest holder in SpaceX after Musk himself.