Musk Ally Gracias Eyes Bets in AI, Energy After SpaceX Windfall


Gracias, one of Musk’s staunchest allies, made the remarks almost a week after SpaceX debuted as a public company in a record IPO that marked a new era for investors and firms that bet on Musk and the space industry. Gracias is certainly among them, with Valor owning roughly 4% of the company at IPO, a stake that was worth approximately $97 billion on June 15, days before the call was held. 



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