The Deal · 14 Aug 2026
SpaceX issued 389,289,254 shares.
The largest acquisition of a venture-backed startup on record, paid entirely in stock.
$60,000,000,000
Implied equity value · all stock
Announced
21 Apr 2026 · an option to acquire
Option terms
$60B strike · or $10B for the collaborative work if not exercised
Exercised
16 Jun 2026 · four days after the SpaceX IPO
Closed
14 Aug 2026 · SEC Form 8-K
Consideration
All stock
Shares issued
389,289,254 SpaceX Class A
Per founder
~$2.4B · Forbes estimate, each held ~4.5%
SpaceX · Aug 2026
$60B
Largest venture-backed acquisitions · verify before air
Cursor · SpaceX · 2026
$60B
Wiz · Google · 2025
$32B
WhatsApp · Facebook · 2014
$19B
The funding ladder, with its missing column.
BOARDROOM WIRE
@BoardroomWire
R replay · F final · ?t=sixty_col+0.8