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Elon Musk’s secretive backer builds $40bn SpaceX stake

  • Posted on September 13, 2026
  • By Financial Times
  • 9 Views
  • 1 min read
In brief

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.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Elon Musk’s secretive backer builds $40bn SpaceX stake
Elon Musk’s secretive backer builds $40bn SpaceX stake

Low-profile venture capital firm Vy Capital has emerged as one of the rocket maker’s largest shareholders
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Author
Financial Times

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