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The Latest Breaking News from Valor Equity Partners

He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest people

Antonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. Gracias's firm, Valor Equity Partners, holds a significant stake in SpaceX, valued at approximately $65 billion, reflecting over two decades of unwavering support and hands-on involvement,…

The Economic Times

Elon Musk Debunks Viral SpaceX Story: Antonio Gracias 'Did Not Receive Any Equity' For $1 Million Loan

Elon Musk Debunks Viral SpaceX Story: Antonio Gracias 'Did Not Receive Any Equity' For $1 Million Loan

Antonio Gracias' $1 million loan to Elon Musk in 2008 highlights the financial challenges SpaceX faced. Their long-term partnership spans multiple ventures, reflecting broader investment strategies.

International Business Times UK

Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions

Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions

Antonio Gracias' Valor entities hold a massive SpaceX stake—and are on the other side of nearly $20 billion in AI hardware financing deals guaranteed by the company.

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Elon Musk’s xAI announces it has raised $20bn amid backlash over Grok deepfakes

AI company’s chatbot faces criticism over its generation of sexualized, nonconsensual images of women and girls

The Guardian - US

Meet The New Chip Maker Aiming To Outrun TSMC And ASML

Silicon Valley heavyweights, including Peter Thiel’s Founders Fund, General Catalyst, and Valor Equity Partners, have poured over $100 million into San Francisco chip startup Substrate.

How Elon Musk’s billionaire Doge lieutenant took over the US’s biggest MDMA company

Antonio Gracias is part of the growing movement among Silicon Valley’s right wing enamored with the therapeutic and commercial potential of drugs like MDMA

The Guardian - US

SpaceX's organizational structure: Elon Musk's top executives at his space startup

Nowhere is Musk's penchant for hiring engineers more apparent than at his space startup.

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CompScience Insurance Services Raises $10M In Series A Funding

Valor Equity Partners leads funding round for safety analytics firm merging AI with insurance incentives

Lightning Network data company Amboss announces $4 million seed round to power Bitcoin as a payments rail

Lightning Network data company Amboss announces $4 million seed round to power Bitcoin as a payments rail

Backers include Stillmark, Valor Equity Partners, and Draper Associates.

Addepar latest fintech to cut people

Addepar latest fintech to cut people

In addition to the job cuts, Addepar has seen some senior executives leave recently.

Lightning Labs Attracts $70M Funding To Facilitate 'Bitcoinizing' Dollar, Other Fiat Currencies

Lightning Labs Attracts $70M Funding To Facilitate 'Bitcoinizing' Dollar, Other Fiat Currencies

Lightning Labs, which works on building infrastructure surrounding Bitcoin (CRYPTO: BTC), has raised $70 million in a Series B funding round led by investors such as Valor Equity Partners, Baillie Gifford, and Brevan Howard.

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