Space Exploration Technologies Corp. investor Antonio J. Gracias reported beneficial ownership of 503,414,530 shares of Class A common stock, representing 6.5% of the class. This percentage is based on 7,696,293,669 Class A shares outstanding as of July 28, 2026, as reported by the issuer.
All voting and dispositive power over these shares is reported as shared, with 0 shares under sole voting or dispositive power and 503,414,530 shares under shared voting and shared dispositive power. The position is held through multiple investment vehicles collectively referred to as the Valor Entities, with no single entity holding 5% or more individually; Gracias may be deemed to share beneficial ownership due to his roles with these entities.
Positive
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Negative
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Key Figures
Beneficial ownership:503,414,530 sharesOwnership percentage:6.5%Shares outstanding:7,696,293,669 shares+2 more
5 metrics
Beneficial ownership503,414,530 sharesClass A common stock reported as beneficially owned by Antonio J. Gracias
Ownership percentage6.5%Percent of SPCX Class A common stock based on shares outstanding as of July 28, 2026
Shares outstanding7,696,293,669 sharesSPCX Class A common stock outstanding as of July 28, 2026
Shared voting power503,414,530 sharesShares over which shared voting power is reported
Shared dispositive power503,414,530 sharesShares over which shared dispositive power is reported
Key Terms
beneficial ownership, shared voting power, shared dispositive power, Class A common stock, +1 more
5 terms
beneficial ownershipfinancial
"Amount beneficially owned: See response to Item 9 on the cover page."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powerfinancial
"6 | Shared Voting Power 503,414,530.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"8 | Shared Dispositive Power 503,414,530.00"
Class A common stockfinancial
"Title of class of securities: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
percent of classfinancial
"Percent of class set forth in Item 11 of the cover page"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What ownership stake in SPCX does Antonio J. Gracias report?
Antonio J. Gracias reports beneficial ownership of 503,414,530 Class A shares of SPCX, representing 6.5% of the outstanding Class A common stock based on the issuer’s reported share count.
How many Space Exploration Technologies (SPCX) shares are outstanding?
The filing states that 7,696,293,669 Class A common shares of SPCX were outstanding as of July 28, 2026, based on information reported by the company in its quarterly report.
Does Antonio J. Gracias have sole or shared voting power over SPCX shares?
The report shows 0 shares with sole voting power and 503,414,530 shares with shared voting power, indicating that all reported voting authority over SPCX Class A shares is shared through affiliated investment entities.
Through which entities does Antonio J. Gracias hold SPCX shares?
The SPCX shares are held by multiple investment vehicles referred to as the Valor Entities, including various LLCs and limited partnerships. Antonio J. Gracias may be deemed to have beneficial ownership through his positions with these entities or their general partners.
Does any single Valor Entity own 5% or more of SPCX Class A stock?
No. The filing states that no individual Valor Entity beneficially owns 5% or more of SPCX’s outstanding Class A common stock. The 6.5% figure reflects the aggregate holdings of all Valor Entities together.
What kind of dispositive power does Antonio J. Gracias report over SPCX shares?
The filing reports 0 shares with sole dispositive power and 503,414,530 shares with shared dispositive power, indicating decisions to dispose of the SPCX shares are made on a shared basis through the Valor Entities.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Space Exploration Technologies Corp.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
84615Q103
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
84615Q103
1
Names of Reporting Persons
Antonio J. Gracias
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
503,414,530.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
503,414,530.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
503,414,530.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.5 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Space Exploration Technologies Corp.
(b)
Address of issuer's principal executive offices:
1 Rocket Road, Starbase, TX 78521
Item 2.
(a)
Name of person filing:
Antonio J. Gracias
(b)
Address or principal business office or, if none, residence:
320 North Sangamon Street, Suite 1200, Chicago IL 60607
(c)
Citizenship:
United States
(d)
Title of class of securities:
Class A Common Stock
(e)
CUSIP Number(s):
84615Q103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See response to Item 9 on the cover page.
(b)
Percent of class:
See response to Item 11 on the cover page.
Percent of class set forth in Item 11 of the cover page is based on the number of shares of Class A common stock outstanding as of July 28, 2026 (7,696,293,669 shares) as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on August 4, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See response to Item 5 on the cover page.
(ii) Shared power to vote or to direct the vote:
See response to Item 6 on the cover page.
(iii) Sole power to dispose or to direct the disposition of:
See response to Item 7 on the cover page.
(iv) Shared power to dispose or to direct the disposition of:
See response to Item 8 on the cover page.
The securities reported in this Schedule 13G consist of shares of Class A common stock held of record by the following entities (collectively, the "Valor Entities"): CV Consortio A LLC, CV Consortio F LLC, CV Consortio G LLC, CV Consortio M LLC, CV Consortio N LLC, KVSX I L.P., TM33 Partner Holdings LLC, Valor Equity Partners Opportunity Fund I L.P., Valor Equity Partners Opportunity Fund I-A L.P., Valor Equity Partners Opportunity Fund I-B L.P., Valor Equity Partners VI L.P., Valor Equity Partners VI-A L.P., Valor Equity Partners VI-B L.P., Valor IV Space Holdings, LLC, Valor M33 II L.P., Valor M33 IV L.P., Valor M33 V L.P., Valor M33 VI L.P., Valor M33 L.P., Valor R&D Series LLC, Valor Space Holdings, LLC, Valor V Space Holdings, L.P., Valor VII Space Holdings, L.P., VG 1.0 L.P., VG 2.0 L.P., VG AI Holdings L.P., VGX 1.0 L.P., VOF Space Holdings L.P., VSV II XAI Holdings L.P., and VX Holdings L.P. By virtue of Antonio J. Gracias' position with the Valor Entities or the general partners of the Valor Entities, Mr. Gracias may be deemed to have beneficial ownership of the shares of Class A common stock held of record by the Valor Entities.
No individual Valor Entity beneficially owns 5% or more of the outstanding Class A common stock, and accordingly, Mr. Gracias is filing this Schedule 13G as the sole reporting person with respect to the Class A common stock held in the aggregate by the Valor Entities.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
