PayPal Holdings IncPYPL
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Roelof Botha, a former Sequoia Capital steward and member of the so-called PayPal Mafia, has joined the board of SpaceX as an independent director, according to a filing. Botha will serve on the audit committee and holds no personal financial stake in the company. The appointment comes less than a week after SpaceX's historic IPO and about seven months after Botha stepped down from his leadership role at Sequoia. Botha has a longstanding relationship with SpaceX founder Elon Musk, dating back to their time at PayPal, where Botha served as CFO and Musk was a cofounder.
PayPal Holdings Inc
Block, Inc
Space Exploration Technologies Corp. Class A Common StockAppointment of experienced independent director strengthens governance post-IPO.
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Tesla Inc