option
Home
News
SpaceX appoints Roelof Botha to board of directors

SpaceX appoints Roelof Botha to board of directors

June 28, 2026
61

SpaceX appoints Roelof Botha to board of directors

Roelof Botha, former managing partner at Sequoia Capital, has joined SpaceX’s board of directors, just under a week after the company went public in the largest initial public offering in history.

SpaceX disclosed the appointment in a filing with the Securities and Exchange Commission on Wednesday. The filing stated that Botha was appointed “to fill the existing vacancy on the Board” and will serve until the company’s next annual shareholder meeting. He will also join the board’s audit committee. Botha did not immediately respond to a request for comment.

SpaceX noted in the filing that Botha “brings extensive public company experience along with a deep audit committee background, having served on the boards and audit committees of numerous public companies.” He stepped down as Sequoia’s leader late last year, amid backlash against partner Shaun Maguire, who had made comments attacking then-New York City mayoral candidate Zohran Mamdani.

Botha serves on numerous public company boards, but none comparable to SpaceX, where CEO Elon Musk holds near-absolute control and shareholders have limited influence. Musk controls more than 80% of the voting power in the now-public company, and owners of SpaceX stock will have severely restricted opportunities to challenge him if they disagree with his actions. Filings also show that Musk controls all changes to the board’s composition.

Botha has prior experience with Musk. In 2000, Musk brought Botha—also a South African native—to run the finance division of PayPal. According to his LinkedIn profile, Botha started at the payments company in March of that year. Musk was ousted as PayPal’s CEO in September 2000.

“I’ve known Elon for over 25 years,” Botha told Fortune last year, in an interview conducted during Musk’s time running DOGE. “He was the first person to offer me a job in America. He believed in me when I was an unknown student at Stanford. I have a lot of appreciation and understanding that he’s not perfect. None of us are. He deeply cares about doing the right thing.”

With Botha’s addition, SpaceX’s board now has nine directors. He joins Musk confidants Ira Ehrenpreis, Antonio Gracias, Steve Jurvetson, and Luke Nosek, along with SpaceX chief operating officer Gwynne Shotwell, Google executive Donald Harrison, and venture capitalist Randy Glein. Musk serves as chairman of the board.

Botha spent more than 20 years at Sequoia, and the firm invested in SpaceX in 2019. Reports indicate that Sequoia owned 1.5% of SpaceX before the IPO, giving it a stake worth over $20 billion.

Related article
Lawsuit Alleges xAI Terminated Engineer Who Warned of Grok Safety Risks Lawsuit Alleges xAI Terminated Engineer Who Warned of Grok Safety Risks A former xAI engineer has sued Elon Musk’s company and its parent, SpaceX, alleging termination for raising AI safety concerns.Devin Kim, who departed xAI in September 2025, filed the lawsuit in California state court on Tuesday. The legal action arr
SpaceX Stock Drops Below $135 IPO Price Ahead of Starship Launch SpaceX Stock Drops Below $135 IPO Price Ahead of Starship Launch SpaceX shares dipped slightly above $135 on Wednesday, marking a decline from the $135 benchmark set by CEO Elon Musk and the company prior to its massive June 12 IPO, which raised nearly $86 billion.Throughout the day, the stock traded mostly below
SpaceX dips below $135 IPO price ahead of Starship launch SpaceX dips below $135 IPO price ahead of Starship launch SpaceX stock dipped below $135, the valuation set by CEO Elon Musk and the company prior to its massive June 12 IPO, which raised nearly $86 billion.After sliding under that threshold to below $133 per share on Wednesday afternoon, the stock recovere
Related Special Topic Recommendations
writing AI Article Outline Tools for Long Form Writing
AI Article Outline Tools for Long Form Writing

2026 Latest Best Top-Rated AI Article Outline Tools for Long Form Writing! This curated collection features powerful, game-changing tools that deliver accurate, structured outlines with real-world tests to boost writing efficiency significantly. XIX.AI is part of this elite selection. Get a free vs paid comparison to help you choose the perfect tool. Explore now and Unlock your AI edge!

9 tools
xix.ai
chatbot Best AI Roleplay Chat Apps for Language Practice, Interview Prep, and Daily Fluency
Best AI Roleplay Chat Apps for Language Practice, Interview Prep, and Daily Fluency

2026 Latest Best Top-rated AI Roleplay Chat Apps for Language Practice, Interview Prep, and Daily Fluency! XIX.AI curates a powerful game-changing collection that offers free vs paid comparison, real-world tests, and updated rankings weekly. These must-try tools help you boost writing skills, overcome fluency challenges, and improve communication efficiency across all daily scenarios. Explore now to discover your perfect tool for language growth!

10 tools
xix.ai
Music composition AI Stem Separation Tools for Remix Production, Sampling Prep, and Karaoke Masters
AI Stem Separation Tools for Remix Production, Sampling Prep, and Karaoke Masters

2026 Latest Best Top-rated AI Stem Separation Tools Curated for Remix Production, Sampling Prep, and Karaoke Masters. These powerful game-changing tools offer real-world tests to deliver precise audio isolation, boosting productivity significantly. XIX.AI provides a weekly updated free vs paid comparison guide to help you find the must-try solution that suits your needs. Explore now to unlock your AI edge.

8 tools
xix.ai
Data Analysis AI SQL Copilots for Revenue Dashboards, Funnel Analysis, and Product Metrics
AI SQL Copilots for Revenue Dashboards, Funnel Analysis, and Product Metrics

2026 Latest Best AI SQL Copilots Ranked Top-Rated! XIX.AI curates a powerful game-changing collection for weekly updated real-world tests. These must-try tools help you generate accurate revenue dashboards, analyze sales funnels, and track product metrics swiftly, boosting productivity massively. Explore now to Discover your perfect tool for data-driven decision making! 238 characters

9 tools
xix.ai
Music composition Best AI Melody Writing Tools for Song Drafts
Best AI Melody Writing Tools for Song Drafts

2026 Latest Best Top-Rated AI Melody Writing Tools for Song Drafts! XIX.AI has curated a highly powerful game-changing collection that goes through rigorous real-world tests to deliver the best writing experience. You can find detailed free vs paid comparisons, accurate rankings, and must-try options designed to help you create stunning song drafts effortlessly and boost your creative productivity significantly. Explore now to discover your perfect tool!

8 tools
xix.ai
chatbot Best AI Conversation Trainer Tools for Interview Practice
Best AI Conversation Trainer Tools for Interview Practice

2026 Latest Best Top-rated AI Conversation Trainer Tools for Interview Practice are here on XIX.AI! This curated collection features powerful, game-changing tools that go through rigorous real-world tests to deliver accurate feedback. You’ll find a free vs paid comparison and detailed rankings to help you choose the must-try option that boosts your confidence and skills. Explore now to Discover your perfect tool for interview success!

12 tools
xix.ai
Comments (1)
0/500
AlbertRoberts
AlbertRoberts July 10, 2026 at 10:00:15 AM EDT

Wait, so SpaceX just went public with the biggest IPO ever, and now they're adding a former Sequoia partner to the board? 🤯 That's like putting a rocket scientist in charge of the snack bar – I mean, Botha's expertise is in venture capital, not space. But hey, maybe they need someone to keep the books straight while Elon dreams up Mars colonies. 😂 Either way, I'm skeptical about how much influence an old-school VC will have on actual rocket tech. Thoughts?

OR