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Bloomberg Markets

Musk Ally Gracias Stands to Make Billions Off SpaceX IPO

Musk Ally Gracias Stands to Make Billions Off SpaceX IPO
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Antonio Gracias, the founder of Valor Equity Partners and a longtime Elon Musk ally, controls a 7.3% stake in SpaceX, making him the second-largest holder after Musk himself that will earn the investor a giant windfall.

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Odd Lots: Norman Foster on the Struggle to Build Big (Podcast)

Not many people think of designing buildings as an exercise in economics, but the entire process is defined by constraints around resources (both physical and financial), and an iconic building can also have a huge impact on the wealth and development of the area around it. So how do you encourage private developers to consider the public good when designing new projects? And how are some countries able to encourage more landmark building projects than others? In this episode, we speak with Norm

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