SpaceX Investments Now Dominate The 10 Best VC Checks Of All Time
Article excerpt
SpaceX's record-breaking initial public offering has minted venture capitalists into billionaires, with several early-stage investments now ranking among the most lucrative bets in startup history. The space company's IPO generated stakes worth hundreds of billions of dollars for its backers, fundamentally reshaping the landscape of venture capital's greatest hits. Several VCs who bet on Elon Musk's rocket company in its early years are now sitting atop a list previously dominated by tech giants like Google and Facebook. The windfall underscores how a single transformational company can dwarf decades of venture returns across entire portfolios.