Musk was exposed as having a "DOGE girlfriend" who secretly sold SpaceX shares for profit, and the Silicon Valley elite capital circle surfaced

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According to a recent report by The Wall Street Journal, in Silicon Valley's startup circle, a group of investors with deep ties to Elon Musk are privately selling shares of Musk's companiesany, such as SpaceX and xAI, to gain substantial profits. These transactions not only multiply the wealth of Musk's confidants but open up provide a rare investment shortcut for the ultra-high-net-worth group, forming a mysterious and closed "elite capital circle".

The report first points out that Antonio Gracias, Musk's long-time close friend and founder of Valor Equity Partners, is not only an early investor and board member of Tesla and SpaceX, but also participated in Musk's Doge project and and is closely connected with the, often spending holidays and traveling together, making him Musk's most trusted "Doge confidant".

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By investing in almost all of Musk's companies, from PayPal to Tesla, to Neuralink and The Boring Company, Gracias has gradually accumulated an astonishing fortune, at becoming a multi-billionaire. However, according to transaction documents obtained by The Wall Street Journal, he has recently found another way to cash out: selling entry qualifications to wealthy outsiders using his rare shares.

The report indicates that Gracias recently sold SpaceX and xAI shares worth $1 billion to specific high-asset investors through his private equity fund Valor Equity Partners, with assistance from UBS. Notably, the transaction threshold is extremely high, requiring investors least50 million in assets and no less1 million per transaction.. Reportedly, Valor can collect 1% management fees annually, and if SpaceX shares appreciate over 8% each each year, they can additionally receive 20% "performance compensation". UBS will also part share part of the compensation as a promotion reward.

The report further points out that the reason SpaceX and other other Musk-owned enterprises can maintain their private company status and avoid going public like many tech companies valued at hundreds of billions of dollars lies in the equity circulation mechanism".

According to U.S. securities regulations, if a company has over 2,000 shareholders (excluding employees), it must legally disclose financial information, operate equivalent to semi-public operation operation. spacex avoids crossing this red line by selling shares only to internal personnel or trusted partners, who then shell companies special purpose vehicles resvehicles SP)ell investors.

This way,ace, actual investing investors list will not appear on SpaceX's official sharshareholder register, will not trigger information disclosure obligations, and, the enterprise can continue to maintain high financial confidentiality.

Additionally, besides Gracias, The Wall Street Journal also named multiple industry figures closely related to Musk who have profited through similar models, including:

• Luke Nosek: One of the PayPal co-founders with Musk, currently SpaceX director, founded Gigafund, reportedly purchased about $1 billion of SpaceX shares through secondary market and charges management and performance fees from investors li div>Josh Berman: MymySpace co-founder, whose company Troy Capital purchased large amounts of shares during SpaceX employee stock circulation. According to SEC documents, his fund invested approximately $47 million in SpaceX in 2022.
• Justin Fishner-Wolfson: Founders member with close ties to Musk and Peter Thiel, his 137 Ventures fund continues to acquire shares of SpaceX and xAI.
• Emil Michael: Former Uber executive, now defense department high-official nominee under Trump administration, his whose public ethics declaration shows indirect ownership in of and xAI shares.
• Duncan Penn: Famous MTV host, close and close friend of Musk's brother Kimbal, who invests through his Gatsby Management fund.

In short, most of these individuals are PayPal team members or those with close personal relationships with, their connections to ride the wave of Of Musk's company value growth, sharing huge rewards within a circle. However, this closed and high-threshold transaction model has also raised questions about its fairness and transparency. As SpaceX and other companies continue mto rise in valuation, this wealth feast led by Musk's confidants will remain a market focus.