James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX

James Murdoch invested $120 million in SpaceX before its IPO, which could now be worth up to $7.5 billion according to Pitchbook estimates. The investment was made through Lupa Systems and personal purchases revealed in a Tesla-related court case. His father, Rupert Murdoch, had previously questioned his ability to succeed independently.