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SpaceX appointed Roelof Botha, a longtime Elon Musk ally and former Sequoia managing director, as an independent director and audit committee member. Botha, who worked with Musk at PayPal, becomes the eighth board member. Sequoia, a major SpaceX investor, has backed Musk's companies since 2019.
Roelof Botha, former PayPal CFO and venture capitalist, joined SpaceX's board and will serve on its audit committee. Botha is the third PayPal Mafia member on the board, alongside Peter Thiel. The addition follows SpaceX's IPO last week.
Roelof Botha, former Sequoia Capital managing partner, has joined SpaceX's board of directors less than a week after the company's historic IPO. He fills an existing vacancy and will serve on the audit committee until the next annual shareholder meeting. Botha briefly overlapped with Elon Musk at PayPal in 2000.
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