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723 Peter Thiel’s Founders Fund is set for a $50 billion+ windfall from a $600 million bet on SpaceX as IPO nears

Startups News
Daniel Levi @ Startups News · 06/11/2026 19:26 EDT

Peter Thiel’s Founders Fund is set for a $50 billion+ windfall from a $600 million bet on SpaceX as IPO nears

Twenty years ago, Peter Thiel’s Founders Fund made a series of investments in Elon Musk’s rocket company that many investors viewed as an ambitious long shot. Today, that bet is on track to become one of the largest venture capital ...

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