Wall Street JournalHeather Somerville, Lauren Thomas

Elliott Takes Stake and Board Seat at Cerberus‑Backed Stratolaunch

Elliott Management has taken an equity stake in Stratolaunch and will gain board representation at the Cerberus-backed launch company. The activist move gives Elliott formal oversight at the firm developing commercial space launch capabilities and could affect governance and strategic direction.

2026-01-19T16:28:41.072807-08:00