SpaceX · Elon Musk · Tesla · South Korea · Fortune Technology
PayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades
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Roelof Botha, longtime investor and former steward at Sequoia Capital, has joined the board of SpaceX, a filing revealed.
Key facts
- Botha, who was on the cover of Fortune in 2024, also has a long-standing relationship with Elon Musk—SpaceX founder, Tesla CEO, and world’s richest man by a mile
- Roelof Botha, longtime investor and former steward at Sequoia Capital, has joined the board of SpaceX, a filing revealed
- I’ve known Elon for over 25 years,” Botha said at the time
- His tenure coincided with a notably difficult time in the VC firm’s history
Summary
The news comes less than a week after SpaceX’s historic IPO and about seven months after Botha stepped down as Sequoia steward, the legendary venture capital firm’s title for its leader. Botha, who was on the cover of Fortune in 2024, also has a long-standing relationship with Elon Musk—SpaceX founder, Tesla CEO, and world’s richest man by a mile. At SpaceX, Botha will be an independent director, serve on the audit committee, and has no personal financial stake in the company, according to the filing. Fortune spoke with Botha last year in a wide-ranging interview that included him sounding off on Musk.