Who is Antonio Gracias, who could gain $90 bn after SpaceX's $1.75-tn IPO?
Indian-origin billionaire and Valor Equity Partners Founder, Antonio Gracias, holds 7.3% stake worth $5.9 billion in IPO-bound SpaceX, making him the second-largest individual shareholder after Elon Musk himself. In 2008, Gracias lent $1 million to Musk to save SpaceX from bankruptcy, and remained an executive ever since. At a $1.75 trillion valuation, Gracias' stake would be worth $90 billion.