Jessie Bates put $150,000 into SpaceX before it went public; the stake could now be worth 10 times that, and he’s cashing out

Economic Times - Nov 9, 2026

Jessie Bates III invested $150,000 in SpaceX during its Series J funding round in 2022. The investment grew significantly after SpaceX's IPO, which valued the company at $1.77 trillion. Bates expressed that he wished he had invested more after witnessing the company's growth trajectory. His financial strategy includes various technological investments and aims for long-term wealth creation. Bates also promotes financial literacy and community support through his foundation and initiatives.

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