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SpaceX

InvestmentBusinessInvestment FundCo-Investment FundUnited States
Stake NAV
105.38M SAR
as of 07 May 2026
Cost Basis
from transactions
Capital Gain
Annualized
Ownership
100%

Details

Address
Size (Sqm)
Investment date
Manager
Internal overseer
Base currency
Notes
47,619 shares. @$1.5T post-money ÷ ~2B shares = ~$750/share. Recent $400B tender priced at $212/share, implying ~1.89B sh — modest dilution to ~2B by $1.5T. Cost basis ~$2M (47,619 × ~$42 effective post-split entry). Fee waterfall: DFJ 17.5% then NLR 6.06% on profit. Combined carry drag ~22.5%. Mgmt fees (2% annual) paid via separate capital contributions on personal/Marasi tranches, refunded as return-of-capital before carry → roughly neutral. Ken Ventures tranche had mgmt fees deducted upfront.

Valuation History

2 snapshots
07 May 2026105,375,000 SAR
28,100,000 USD · Net of DFJ 17.5% + NLR 6.06% carry on profit. 47,619 sh × $750 = $35.7M gross. Cost ~$2M. 79,125,000 SAR
31 Mar 202426,250,000 SAR
26,250,000 SAR · Imported from SAPO Valuations Q1 2024

Transactions

0 records
DateTypeSubtypeAmountSARDescription
No transactions linked to this asset yet.