Tesla Backer Antonio Gracias Poised for $140 Billion SpaceX Windfall

SpaceX’s IPO filing has unveiled extensive Musk-company ties, lifting Elon Musk’s net worth to a record $722 billion on May 22 after showing minimal collateral pledges. The disclosures detailed nearly $890 million in Tesla sales to SpaceX and xAI, Tesla’s ownership of 19 million SpaceX shares, and large related-party lease obligations. Culminating the week, a May 26 report highlighted early investor Antonio Gracias, whose Valor Equity Partners 7.3% stake could reach $140 billion at the targeted $1.75 trillion valuation, underscoring governance scrutiny ahead of the IPO and its ripple effects on TSLA.