Family Offices Amass $3.8 Billion in SpaceX as Nick Pritzker Vehicle Holds $1.8 Billion
Updated
Updated · Bloomberg · Aug 17
Family Offices Amass $3.8 Billion in SpaceX as Nick Pritzker Vehicle Holds $1.8 Billion
3 articles · Updated · Bloomberg · Aug 17
Summary
$3.8 billion of SpaceX exposure has been built by family offices across the Americas, Europe and the Middle East, underscoring strong post-IPO demand for Elon Musk’s company.
$1.8 billion of that stake sat with a family office for Hyatt Hotels heir Nick Pritzker at the end of June, according to Bloomberg’s compilation of 13F filings.
The filings show ultra-wealthy investors using family offices to secure access to a sought-after company spanning rockets, satellites and artificial intelligence.
The buildup highlights how private wealth firms can still command large positions in marquee listings even weeks after a closely watched public offering.
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