Valor Equity Partners is distributing a portion of its SpaceX holdings directly to its investors. This in-kind distribution provides limited partners with SpaceX stock rather than cash returns.

Managed entities distributed over 42.7 million shares of SpaceX Class A Common Stock on September 11, 2026. The transaction followed a pre-set trading plan originally adopted on June 12, 2026.

Valor has backed the aerospace company since 2008. Antonio Gracias, an ally of Elon Musk, founded the private equity firm.