SpaceX Adds Roelof Botha to Board for Audit Oversight
SpaceX appointed former PayPal CFO Roelof Botha as an independent director and audit committee member days after its $85.7 billion IPO. Botha, named to the board June 16, brings public-company experience but Elon Musk retains near-total voting control. The board now counts nine members. SpaceX received investment-grade credit ratings this week from Moody’s, Fitch, and S&P.