Musk ally Roelof Botha appointed as independent director of SpaceX

less than a week after completing a record-breaking IPO, SpaceX has announced the appointment of Musk's long-time ally and Sequoia Capital investor Roelof Botha to its board of directors, serving as an independent director and joining the audit committee. The appointment is effective immediately. It is understood that Roelof Botha becomes the eighth director of SpaceX, though this time he does not represent Sequoia Capital in the board seat. Musk continues to hold the positions of Chairman, CEO, and Chief Technology Officer of the company. (CNBC)