#founders fund Tech News.
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Founders Fund's roughly 3% stake in SpaceX is now worth over $50 billion, following a $600 million investment. Andreessen Horowitz holds a $10 billion-plus stake, set to become the largest return in the firm's history.
Founders Fund and Andreessen Horowitz are positioned for record returns from a potential SpaceX IPO. The venture firms hold significant stakes in the private space company. An IPO could generate substantial profits for the early investors.
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