A recent report suggests that James Murdoch's early investment in SpaceX could now be valued at approximately $7.5 billion, following the company's private fundraising rounds. The figure is based on the appreciation of his stake since the initial investment, which was made before SpaceX's initial public offering (IPO).
Fortune magazine reached out to Blair Effron, a partner at Centerview Partners, which has advised the Murdoch family on investment decisions. Effron declined to comment, stating, 'As a friend of James, I'll pass on speaking.' A representative for James Murdoch also had no comment at the time of publication.
SpaceX, founded by Elon Musk, has seen its valuation soar in recent years due to its dominance in the commercial space launch market and the development of its Starlink satellite internet service. The company's most recent private funding rounds have valued it at over $100 billion.
Neither James Murdoch nor SpaceX have publicly confirmed the exact size or current value of his stake. The $7.5 billion figure remains an estimate based on available financial data and industry analysis.
