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devon pendleton

T3 · host / generalist

Tracks family office 13F filings revealing $3.8B+ SpaceX exposure across dozen+ ultra-wealthy families; covers Thrive Capital's concentrated portfolio strategy.

3 calls·2 names·100% bull·last heard last month·Bloomberg Tech
track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company
1sthigh conviction
$SPCXSpaceX

Family offices pour $3.8B into SpaceX, signaling deep conviction in Musk empire

Top family offices including Pritzker, UAE royalty, and hedge fund billionaires have allocated billions to SpaceX, with some making it a major portfolio position, reflecting long-term bullishness on Elon Musk's broader empire.

Bloomberg Tech2026-08episode →
2ndmedium conviction
$THRIVE-CAPITALThrive Capital

Thrive's 90% concentrated portfolio strategy validated by OpenAI, Stripe, Amazon positions

Thrive's extreme concentration (90% in top dozen bets) has captured massive value across AI and fintech, with recent $200M Amazon and $100M Shopify public investments extending the model.

Bloomberg Tech2026-08episode →

most discussed · click a bar to filter

  • $SPCX
  • $THRIVE-CAPITAL

recurring themes

  • Private Markets1
  • Space Economy1
3 total
$SPCX
···
SpaceX
HIGHdevon pendleton·Bloomberg Tech·last month·Anthropic's Revenue Jump, Wealthy Bet on SpaceX | Bloomberg Tech 8/17/2026
Family offices pour $3.8B into SpaceX, signaling deep conviction in Musk empire
Top family offices including Pritzker, UAE royalty, and hedge fund billionaires have allocated billions to SpaceX, with some making it a major portfolio position, reflecting long-term bullishness on Elon Musk's broader empire.
"WE ARE SEEING A HUGE SLOT OF NAMES, NICHOLAS PRITZKER OF THE PRITZKER DYNASTY, THE ROYAL FROM THE UAE, MICHAEL PLATT, VERY WELL-KNOWN U.K. HEDGE FUND BILLIONAIRE, GINA REINHARDT..…"
19:23
$SPCX
···
SpaceX
MEDdevon pendleton·Bloomberg Tech·last month·Anthropic's Revenue Jump, Wealthy Bet on SpaceX | Bloomberg Tech 8/17/2026
Family offices deploy $3.8B into SpaceX, Pritzker alone holds $1.8B (~30% portfolio)
Ultra-wealthy family offices globally (Pritzker, UAE royal, Platt, Rinehart) are concentrating massive exposure in SpaceX as a proxy for Musk's entire empire, signaling deep conviction in pre-IPO positioning.
"FOR SOMEONE LIKE NIT PRITZKER, HIS POSITION WAS ONE POINT $8 BILLION. IN THE CONTEXT OF HIS OVERALL PORTFOLIO, PROBABLY AROUND 6 BILLION AT MOST. THAT IS REALLY SIGNIFICANT. THAT…"
19:29
$THRIVE-CAPITAL
Thrive Capital
MEDdevon pendleton·Bloomberg Tech·last month·Anthropic's Revenue Jump, Wealthy Bet on SpaceX | Bloomberg Tech 8/17/2026
Thrive's 90% concentrated portfolio strategy validated by OpenAI, Stripe, Amazon positions
Thrive's extreme concentration (90% in top dozen bets) has captured massive value across AI and fintech, with recent $200M Amazon and $100M Shopify public investments extending the model.
"THEY PIONEERED THIS IDEA OF PUTTING 90% OF THE FUND INTO YOUR TOP DOZEN INVESTMENTS. THE NUMBERS SHOW HOW MUCH VALUE THEY ARE SITTING ON TOP OF. THRIVE WANTS TO STAY FOCUSED BUT T…"
14:30
7
Private Marketstailwind
Ultra-wealthy family offices concentrate billions in Musk and AI empire
Top family offices are allocating significant portfolio portions to SpaceX and other Musk/AI ventures, signaling high conviction in private market AI and space leaders.
7
Space Economytailwind
Family offices concentrate pre-IPO SpaceX exposure as Musk empire proxy
Global ultra-wealthy (Pritzker, UAE, Platt, Rinehart) allocate outsized portfolio shares to SpaceX ahead of June IPO, signaling conviction in Starlink/Starship optionality beyond launch revenue.