Elon Musk’s secretive backer builds $40bn SpaceX stake
- Posted on September 13, 2026
- By Financial Times
- 9 Views
- 1 min read
A lesser-known venture capital firm, Vy Capital, has quietly accumulated a substantial $40 billion stake in SpaceX, positioning itself as one of the aerospace company's most significant investors. This development highlights the growing role of private capital in funding ambitious space exploration ventures. The investment underscores investor confidence in SpaceX's commercial and technological trajectory, while also revealing how major financial players operate behind the scenes in shaping the future of space industries.
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