Maccabi Netanya Owner Ross Kestin Sees Billions in SpaceX Investment Gains

Businessman Ross Kestin, owner of Israeli soccer club Maccabi Netanya, is reportedly experiencing a significant financial success through his investment firm, Aliya Capital. According to Brazilian media reports, Aliya Capital has achieved phenomenal profits from an early investment in Elon Musk's SpaceX. The fund initially invested $240 million in SpaceX before its public trading.

Following SpaceX's massive initial public offering, which became the largest in history recently, the value of Aliya Capital's investment has surged to approximately $4.4 billion. This represents an extraordinary increase of about 1,800% on the initial investment.

Kestin is currently launching a new investment fund aiming to raise between $250 million and $400 million, primarily from wealthy families. This new fund will focus on companies associated with the 'PayPal Mafia,' a group of influential entrepreneurs including Elon Musk, Peter Thiel, and Reid Hoffman. Approximately 75% of the new fund's capital is earmarked for ventures linked to this group.

Aliya Capital's existing investment portfolio already includes major global technology and artificial intelligence companies such as OpenAI, the creator of ChatGPT, robotics firm Figure AI, and technology companies Anduril and Lightmatter. Kestin and Aliya Capital aim to manage assets worth an unprecedented $15 billion within five years.

Ross Kestin acquired Maccabi Netanya in the summer of 2025 from Eyal Segal. This is his second season as the club's owner, and fans are hopeful that his substantial financial success will translate into increased investment in the team's players and infrastructure.