How much money does a16z make on SpaceX? In 2023, direct investment in SpaceX will be $300 million, with a valuation of $137 billion. After undergoing dilution through the merger of xAI and IPO, the shareholding is 0.168%. Calculated at a valuation of 1.77 trillion yuan, it is worth $2.97 billion today. This investment earns 9.9 times in 3 years. In 2022, Musk acquired Twitter for $400 million. Twitter collapsed to a paper loss of 70%, and Musk made two all stock mergers and acquisitions to wash it into SpaceX stock: X was merged into xAI for $33 billion, xAI was merged into SpaceX for $250 billion, and all three pricing decisions were set by Musk himself. After two rounds of dilution, holding 0.051% of the shares, valued at 1.77 trillion yuan, is worth $900 million today. This investment will last for 3 and a half years, earning 2.25 times. Two transactions totaling $700 million in and $3.87 billion out, 5.5 times.