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Vy Capital disclosed that it holds $40 billion in SpaceX shares, becoming the fifth largest shareholder

According to the Financial Times, the low-profile venture capital firm Vy Capital currently holds approximately $40 billion worth of SpaceX shares, with a stake of about 3.4%. According to Bloomberg data, the firm has become the fifth-largest shareholder of SpaceX, disclosing a holding size larger than that of Silicon Valley venture capital firms such as Sequoia Capital and Andreessen Horowitz. Vy Capital first invested in SpaceX in 2016 when the company's valuation was around $15 billion; after SpaceX went public this year with a valuation of about $1.75 trillion, the value of its holdings has significantly increased.Vy Capital is also the largest external investor in Elon Musk's tunnel company The Boring Company and brain-computer interface company Neuralink, and had committed $700 million for Musk's acquisition of Twitter in 2022. The firm's head, John Hering, has a close relationship with Musk, having invested over $100 million in SpaceX shortly after the Falcon 9 rocket launch failure in 2016; since 2019, he has also been involved in the early business development of Starlink, including hiring personnel and building financial models, and has held a SpaceX employee badge. Currently, Hering serves as a director of The Boring Company, and Vy Capital also participated in the company's recent $3 billion financing round.Vy Capital's assets under management have increased from $27 billion at the end of last year to $50 billion in June of this year. In a letter to investors, the firm stated that since its establishment in 2014, it has achieved a total internal rate of return of 41% and has distributed $4.6 billion to investors. Vy Capital expects that if investment judgments materialize, SpaceX's valuation will exceed $10 trillion in the next 5 to 7 years. The firm currently has only a few dozen employees, with a core investment team of four, and has stopped accepting external investors since last year.

first_img Bitrace: In 2025, high-risk addresses will receive illegal funds totaling 50.21 billion USD

The cryptocurrency risk data analysis company Bitrace released the "2026 Annual Cryptocurrency Crime Report," which shows that in 2025, the illegal funds received by blockchain addresses marked as high risk across the network reached $50.21 billion. Organized crime networks in Southeast Asia were severely impacted, as the United States and the United Kingdom jointly sanctioned the Cambodian Prince Group, seizing or freezing billions of dollars in cryptocurrency assets, and Huibang Group was forced to temporarily halt its Huibang Payment operations.The report states that in 2025, high-risk addresses for online gambling received $14.53 billion, down from $21.78 billion in 2024; it is predicted that platform funds transferred or bet will reach $6.64 billion. High-risk addresses for money laundering received a total of $6.98 billion, with USDT-related money laundering amounting to $5.7 billion on Ethereum and $60.2 billion on Tron. High-risk addresses for black and gray market transactions received $186.9 billion, almost all occurring on the Tron network, with Huibang Payment receiving $52.4 billion in USDT that year.In 2025, the number of addresses frozen reached 4,059, exceeding the total of 3,199 from the past four years, with 3,406 on Tron. Tether froze over $1.1 billion in USDT, and Circle froze over $23 million in USDC. From 2021 to 2025, the United States, Japan, the United Kingdom, Israel, and France collectively imposed sanctions on at least 1,683 blockchain addresses.
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