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The Latest Breaking News from Antonio Gracias

Michael Dell's son Zach co-founded Base Power in 2023; it is now valued at $13 billion and has installed more than 23,000 home batteries

Base Power, led by Zach Dell, is revolutionizing residential energy with its advanced battery storage solutions. Having secured a staggering one billion dollars in funding, the company now boasts a valuation of thirteen billion dollars. With thousands of batteries quickly being installed, they are expanding their reach into additional states.

The Times of India

SpaceX IPO Creates New Billionaires As Elon Musk's Stake Tops $1 Trillion

SpaceX shares remain above their IPO price despite losing ground after a record-setting debut week.

International Business Times

Larry Ellison, Jack Dorsey and a Saudi Prince: The Surprise Winners of Spacex's IPO

SpaceX's IPO raised $75 billion, valuing the company at $2.2 trillion. It created nine new billionaires and 4,400 employee millionaires, highlighting unexpected stakeholders like Larry Ellison and Prince Alwaleed.

International Business Times UK

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He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest people

Antonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. Gracias's firm, Valor Equity Partners, holds a significant stake in SpaceX, valued at approximately $65 billion, reflecting over two decades of unwavering support and hands-on involvement,…

The Economic Times

Elon Musk Debunks Viral SpaceX Story: Antonio Gracias 'Did Not Receive Any Equity' For $1 Million Loan

Antonio Gracias' $1 million loan to Elon Musk in 2008 highlights the financial challenges SpaceX faced. Their long-term partnership spans multiple ventures, reflecting broader investment strategies.

International Business Times UK

Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions

Antonio Gracias' Valor entities hold a massive SpaceX stake—and are on the other side of nearly $20 billion in AI hardware financing deals guaranteed by the company.

Fortune

Musk to Seize Total Control of SpaceX IPO With Absolute 85% Voting Power

SpaceX is set for a historic IPO, revealing financial details and ambitious plans for multiplanetary expansion, while maintaining control under Elon Musk's leadership.

International Business Times UK

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A SpaceX IPO could be the largest public offering of all time—and Elon Musk's biggest headache

Musk’s space company had avoided much of the scrutiny, criticism, and regulatory burden that comes with going public.

Fortune

Musk's Net Worth Nears $500B Again as xAI Eyes $20 Billion Nvidia-Chip Deal for Colossus 2 Data Centre

Elon Musk's net worth is on an upward trend after steeply dropping from a record $500 billion weeks ago. His venture xAI is planning a mega chip deal with Nvidia to power its supersize data centre in Memphis.

International Business Times UK

How Elon Musk’s billionaire Doge lieutenant took over the US’s biggest MDMA company

Antonio Gracias is part of the growing movement among Silicon Valley’s right wing enamored with the therapeutic and commercial potential of drugs like MDMA

The Guardian - US

The top executives running Elon Musk’s space tech company

Musk is stretched pretty thin these days—this chart shows who he relies on to help run SpaceX when he is busy with other ventures.

Fortune

SpaceX's organizational structure: Elon Musk's top executives at his space startup

Nowhere is Musk's penchant for hiring engineers more apparent than at his space startup.

Fortune

Elon Musk's mysterious ways on display in Tesla tweet trial

Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting

The Independent UK

Elon Musk's tweeting style seizes spotlight in Tesla trial

Tesla CEO Elon Musk’s impulsive and sometimes inflammatory usage of Twitter has taken center stage in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a proposal that rapidly unraveled

The Independent UK

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Businessweek

Elon Musk’s Twitter Is a Shakespearean Psychodrama Set in Silicon Valley

He’s ruling his newest acquisition the way he rules the rest of his empire: impulsively, erratically, vindictively, loudly. It really doesn’t need to be this way.

Evening Standard

From David Sacks to Jason Calacanis - here are the key players inside Elon Musk’s inner circle

Reports of Elon Musk plotting with an ‘inner circle’ over plans for Twitter have been circulating for days. Maddy Mussen finds out who those people actually are

WEKU

Texts released ahead of Twitter trial show Elon Musk assembling the deal

Elon Musk's takeover of Twitter went down via private text messages between the Tesla CEO and a small circle of Silicon Valley's rich and powerful, according to court filings released this week.

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