<div id="readability-page-1">Massive windfall ahead: D1 Capital’s early SpaceX bet could yield $20 billion at the IPO’s projected $1.75 trillion valuation. Early entry advantage: The hedge fund invested in 2020 at a $36 billion valuation and has held firm despite buyout interest. Historic market debut: SpaceX’s June 12 IPO is expected to be one of the largest ever, attracting global investor attention.</div>

SpaceX

<p>D1 Capital is poised to gain $20 billion from its early investment in SpaceX, which is set to IPO at a projected $1.75 trillion valuation. The hedge fund invested in 2020 when SpaceX was valued at $36 billion and has maintained its position despite buyout offers. The IPO, scheduled for June 12, is anticipated to be one of the largest in history, drawing significant global investor interest.</p>

D1 Capital set for $20B gain from SpaceX IPO