SpaceX IPO winners: Founders Fund, a16z, Valor

Founders Fund, Andreessen Horowitz, and Valor are among the biggest VC winners from SpaceX's IPO. The public listing caps a decades-long shift in venture capital, which deployed $20.3 billion in 2002 versus tens of billions in single rounds today. Some winning firms did not exist when SpaceX was founded in 2002.