Valor Equity distributes $8.5B in SpaceX shares directly to its LP investors
Valor Equity Partners, the venture firm led by SpaceX board member Antonio Gracias, has transferred about 8.5% of its SpaceX stake—roughly $8.5 billion worth—directly to its limited partners rather than selling shares and returning cash. An SEC filing shows Valor retains more than 460 million shares after the distribution.