Devon Pendleton

Family Offices Disclose $3.8 Billion in SpaceX Holdings

Bloomberg’s Devon Pendleton reports that about a dozen family offices have disclosed roughly $3.8 billion in SpaceX holdings, linking fortunes from the Pritzker family, UAE royalty, hedge funds and mining. She argues that the total is only a visible slice of family-office ownership and that position size matters more than headline dollars: Nicholas Pritzker’s $1.8 billion stake is a major allocation, while Sheikh Mohamed bin Zayed al-Nahyan’s $65 million position is comparatively small within his portfolio.