CZ aims for 10x returns! A $500 million investment in X, riding the wave of the SpaceX IPO.

📄Full Article· Automatically extracted by trafilaturaGemini 翻譯1480 words

Twitter (now X platform) external shareholders currently collectively hold approximately 5% of SpaceX. If SpaceX goes public at the rumored $2 trillion valuation, this equity would be worth as much as $100 billion—nearly ten times the roughly $10 billion they collectively invested initially. Compiled and reported by BlockTempo. (Previous context: SpaceX acquires xAI at $1.25 trillion valuation, Musk builds "Space + AI" giant in preparation for IPO) (Background: CZ unfollows Musk》Binance: $500 million investment commitment in Twitter remains unchanged) According to Bloomberg and CNBC reports, in October 2022, Musk completed the Twitter acquisition for $44 billion. The familiar Binance founder CZ (Changpeng Zhao) was among the first batch of external investors to raise their hands and join. Binance directly put up $500 million to participate in the equity subscription, citing the rationale of "bridging social media and Web3." Three and a half years later, Twitter has become X, which has then been packaged into SpaceX with a valuation exceeding $1 trillion. Following the world's richest man has indeed proven to be the right call. Bloomberg estimated at the time that early Twitter shareholders collectively hold approximately 5% of SpaceX. If SpaceX truly lists in June at the market-rumored $2 trillion valuation, this 5% would be worth $100 billion. These early investors include external shareholders such as Larry Ellison, Andreessen Horowitz, and the Bill Ackman charitable foundation, with equity returns approaching 200%. CZ's $500 million represents approximately 5% of the roughly $10 billion from external investors. Calculated proportionally, his indirect equity in SpaceX is at the $5 billion level, with paper gains of 10x. However, CZ's 10x return is purely a proportional estimate. Whether the two intermediate share swaps involved preferred stock structures, management share issuances, or other dilution clauses remains unknown to outsiders, and CZ himself has not publicly confirmed. Paper performance of other early shareholders Saudi Prince Alwaleed bin Talal has a longer story. He invested $130 million in Twitter stock back in 2011, and during Musk's 2022 acquisition rolled over his approximately $1.9 billion holding in full. He subsequently invested an additional $400 million to $800 million in xAI. According to Argaam reports, his combined holdings in X, xAI, SpaceX, and Starlink are now valued at $9.2 billion. Starting from $130 million in 2011, this represents a paper gain of more than 70x. Gerber Kawasaki CEO Ross Gerber takes a more pragmatic stance. In an interview, he stated that his Twitter investment yielded returns of "two to three times," but he plans to sell at least half of his holdings after SpaceX goes public. Another piece of corroborating evidence comes from private credit giant Blue Owl Capital. The firm publicly disclosed in late April that its SpaceX holdings had achieved tenfold returns, and sold half of its position at the $1.25 trillion valuation—becoming the first institution to explicitly confirm a tenfold return on its SpaceX investment. Blue Owl's stock jumped 10% on the day of the announcement. SpaceX filed its IPO application on April 1, with a target valuation of $1.75 trillion to $2 trillion, raising $75 billion, and releasing only about 5% of shares. If completed, it would be the largest IPO in history, with pricing expected to be finalized in mid-June. Frequently Asked Questions Did CZ really achieve a tenfold return on his Twitter investment? Based on Bloomberg's reporting, X shareholders collectively hold approximately 5% of SpaceX, with CZ accounting for about 5% of external equity. If SpaceX lists at $2 trillion, it could reach tenfold. However, actual returns depend on the final IPO pricing and equity dilution structure. When will the SpaceX IPO list? SpaceX confidentially filed its IPO application on April 1, 2026, targeting mid-June pricing, with a valuation of $1.75 trillion to $2 trillion, raising $75 billion, and releasing only about 5% of shares. If completed, it would be the largest IPO in history.

Data Status✓ Full text extractedRead Original (動區 BlockTempo)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-05-26

SpaceX to go public via IPO; Musk challenges the title of the world's first "trillionaire" as the Muskonomy ecosystem takes shape

Similarity 170%關鍵字 spacex/ipo同分類 zh

2026-05-25

Musk's Close Friend Antonio Gracias Becomes the Biggest Winner of SpaceX IPO! Net Worth Could Surge by Hundreds of Billions of Dollars, Yet a $20 Billion Related-Party Transaction Landmine Lies Beneath

Similarity 170%關鍵字 spacex/ipo同分類 zh

2026-05-22

SpaceX's epic IPO may trigger a "bloodletting effect" on tech stocks! Bitcoin faces short-term selling pressure and could potentially dip to $56,000.

Similarity 170%關鍵字 spacex/ipo同分類 zh

2026-05-22