The Magnet That Created $100 Billion

Jun 30, 2026

An upbeat look at how getting in early on Elon Musk's companies made a few insiders enormously rich.

  • A friend who put $1 million into SpaceX early owned 7.3% of the company.
  • When SpaceX goes public, that stake could be worth around $100 billion.
  • The takeaway: backing a winning founder early, and sticking around, can turn a small bet into a fortune.
  • Musk pulled the people around him up with him, creating wealth across his inner circle.

Outlook: A SpaceX public listing would turn these paper gains into real money, making early backers among the biggest winners.

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