A top-ranking member of DOGE, who’s also one of Elon Musk’s closest friends, reportedly stands to net millions hawking shares out the back door of the Tesla CEO’s private companies.
Venture capitalist Antonio Gracias, founder of Valor Equity Partners, is apparently offering investors roughly $1 billion in SpaceX and xAI shares as part of a private sale likely to secure millions for both himself and others involved in the deal, according to a Wall Street Journal article published Thursday.
That offering also throws into question the kind of corporate maneuvering SpaceX has undertaken, despite its exponential growth over the past two decades, to remain a private firm, in turn limiting how far it is legally required to publicly disclose information about its finances.
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