SpaceX · Elon Musk · South Korea · U.S. · TechCrunch AI
Roelof Botha joins SpaceX’s board of directors
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◎ Multiple-sources
Former Sequoia Capital managing partner Roelof Botha is joining SpaceX’s board of directors, less than a week after the company went public in the largest IPO ever.
Key facts
- Botha has been with Sequoia for more than 20 years, and the firm invested in SpaceX in 2019
- Musk brought Botha, who is also from South Africa, in to run the finance division of PayPal in 2000
- I’ve known Elon for over 25 years,” Botha told Fortune last year during Musk’s time running DOGE
- He joins Musk confidants Ira Ehrenpreis, Antonio Gracias, Steve Jurvetson, and Luke Nosek; SpaceX chief operating officer Gwynne Shotwell; Google executive Donald Harrison; and VC Randy Glein
Summary
SpaceX announced the appointment Securities and Exchange Commission on Wednesday. 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,” SpaceX wrote in the filing. The SpaceX filing also discloses that a “family member” of Botha’s has worked at the company “since January 2025 as a member of the enterprise operations team.” SpaceX says this family member’s “compensation exceeded the $120,000 reporting threshold” but noted the compensation is “generally commensurate with their peers’.” Botha is on many public company boards, but none like SpaceX, where CEO Elon Musk enjoys near-absolute control and shareholders have little power.