The Economic Times

He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the worlds 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, even during the companies' most challenging periods.