Founders Fund Peter Thiel SpaceX stake cut, Digi Mart USA News: Founders Fund entities and Peter Thiel reduced their holdings in SpaceX (NASDAQ:SPCX) by about 26% during the third quarter, according to an amended Schedule 13G filing that reached the SEC at 9:05 p.m. ET on Friday, November 13, 2026.
The filing shows 112,948,967 fewer Class A shares held as of September 30 than as of June 30. At the September 30 close of $150.86, those shares were worth about $17.04 billion. The filing gives no reason for the change and does not say whether the shares were sold, distributed to the funds’ investors or transferred elsewhere.
The filing lists 32 reporting persons, and Founders Fund II is the largest, with 112,706,798 shares, down from 155,393,350. Combined holdings fell to 314,357,058 shares, or 3.8% of 8.24 billion Class A shares, from 427,306,025 shares, or 5.5%, at June 30. Each Founders Fund partnership fell by a similar percentage, which the report says looks like a pro-rata distribution to investors, though the filing does not confirm this.
SpaceX closed Friday at $139.11, down 0.59%, before the filing was released. After hours, the stock was quoted at $136.26, down 2.05%, following a Starship test flight that ended without a booster catch.
The stock’s record close was $211.39, and its $135 IPO price sits below Friday’s close.
Other large holders moved in different directions. ARK raised its position 51% to 6,746,417 shares, worth $1.02 billion.
Ontario Teachers’ Pension Plan cut its stake 41% to 29,898,989 shares, and Harvard Management cut 34% to 8,570,292 shares. The report notes that more holders will file quarterly 13F reports by the Monday, November 16 deadline.
The report also points to the lock-up schedule as a factor. About 911.5 million insider and early-investor shares became eligible for sale starting August 6, and the stock’s lowest close of $108.27 came the day before.
Elon Musk and a small group of insiders remain locked up until mid-2027.
Third-quarter revenue was $14.60 billion and GAAP net income was $4.40 billion, according to the report. Founders Fund still holds about 314.4 million shares, worth about $43.7 billion at Friday’s price.
The source article is a publisher report and has not been independently verified; its views on possible selling pressure are its own analysis, not confirmed facts.
