SpaceX Adds Roelof Botha as Eighth Board Member on Wednesday

According to SpaceX's SEC filing on Wednesday, the rocket maker appointed Roelof Botha, a longtime ally of CEO Elon Musk, as an independent director and audit committee member, effective immediately. Botha becomes SpaceX's eighth board member.

Botha, currently an adviser to venture firm Sequoia Capital, was recruited by Musk to PayPal in 2000 and previously served as managing director at Sequoia from 2022 until last year. Sequoia has been a major investor in SpaceX since 2019, building a stake valued in the billions of dollars.

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