It's really embarrassing that @Bloomberg doesn't understand how stock distributions work between GPs and LPs in 2026
This isn't a scoop; it's standard practice 🤦
Scoop via @arroyanieto: Antonio Gracias is so bullish on SpaceX and its future that he told his LPs that he'd rather not sell SpaceX shares to pay them out, according to a recent investor call.
Gracias instead plans to distribute the firm’s SpaceX investment “in kind,” meaning he would dole out shares in the rocket company in lieu of cash.
https://www.bloomberg.com/news/articles/2026-07-01/musk-ally-gracias-eyes-bets-in-ai-energy-after-spacex-windfall