"Elon Musk was part of the original PayPal Mafia, a club whose members became tech world titans. Now he's building a new legacy: Meet the SpaceX Mafia. A growing group of former SpaceX employees have founded venture-backed startups of their own. Members of the SpaceX Mafia have raised funding from top venture capital firms such as Andreessen Horowitz, 8VC, and Founders Fund. A handful also passed through Y Combinator, Silicon Valley's famed funding and mentorship program for nascent startups."
"SpaceX in December began an insider sale that reportedly values the company at $800 billion, making it the most valuable private company. Its planned IPO is one of the most anticipated public offerings for 2026. Collectively, SpaceX Mafia companies have raised more than $3 billion in venture capital funding, according to data from analytics firm PitchBook and the founders. Here's Business Insider's list of 18 startups helmed by SpaceX-employees-turned-founders, in alphabetical order by company name."
Former SpaceX employees have launched at least 18 startups that collectively raised more than $3 billion in venture capital. These founders attracted investments from leading venture firms including Andreessen Horowitz, 8VC, and Founders Fund, and several graduated from Y Combinator. SpaceX's reported insider sale valued the company at $800 billion, positioning it as the most valuable private company and signaling a high-profile planned IPO for 2026. The group of startups reflects a culture of ownership and rapid innovation cultivated at SpaceX, with alumni applying operational experience and technical rigor to new aerospace and technology ventures.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]