[SpaceX IPO Reveals Massive Related-Party Transactions, Musk's Close Ally May Reap Over $100 Billion in Gains] According to *Fortune*, as SpaceX prepares to launch the largest IPO in history, an entity under Antonio Gracias, a longtime ally of Elon Musk and founder of Valor Equity Partners, holds over 500 million Class A shares of SpaceX, accounting for approximately 7.3%. Based on the company's proposed valuation of $1.75 trillion to $2 trillion, his equity stake is valued at around $90 billion to $140 billion. The report also disclosed that xAI subsidiary CTC signed three GPU equipment "sale-and-leaseback" agreements with Valor starting in 2024, totaling nearly $20 billion, with SpaceX providing guarantees.