Veteran tech investor joins SpaceX's leadership board after going public

Roelof Botha, a longtime executive at venture capital firm Sequoia Capital, has joined SpaceX's board after the rocket company went public in June at a valuation of $1.77 trillion. Botha brings experience managing investments across many companies. SpaceX operates rockets, internet service via Starlink, and vehicle manufacturing—three different businesses with separate regulatory needs. His appointment helps reassure public investors.