This investment may indicate James Murdoch's savvy approach to technology investments, which could suggest a shift in his focus towards the space industry. The potential windfall may also signal a significant financial gain for Murdoch, potentially exceeding his earnings from traditional media companies.
Murdoch's Pre-IPO Bet On Elon Musk's Rocket Company Pays Off
James Murdoch’s pre-IPO investment in Elon Musk’s SpaceX may have yielded a significant return, with estimates suggesting his holding could be worth up to $7.5 billion. According to Pitchbook’s calculations, Murdoch’s investment of $120 million could have grown 33x since 2020. The news was first reported by Fortune.
This investment may indicate James Murdoch's savvy approach to technology investments, which could suggest a shift in his focus towards the space industry. The potential windfall may also signal a significant financial gain for Murdoch, potentially exceeding his earnings from traditional media companies.
Murdoch's Pre-IPO Bet On Elon Musk's Rocket Company Pays Off
James Murdoch’s pre-IPO investment in Elon Musk’s SpaceX may have yielded a significant return, with estimates suggesting his holding could be worth up to $7.5 billion. According to Pitchbook’s calculations, Murdoch’s investment of $120 million could have grown 33x since 2020. The news was first reported by Fortune.