SpaceX Picks Sequoia’s Roelof Botha to Board Days After IPO

SpaceX said it had elected Roelof Botha, a long-time Sequoia Capital investor, to join the board as an independent director, less than a week after the Elon Musk-led company’s record-setting initial public offering.

Botha would be joining as an independent director and be part of the audit committee effective immediately, according to a SpaceX filing Wednesday. Botha, a South African like Musk, was the chief financial officer at PayPal Holdings Inc.when Musk was CEO more than two decades ago.

He’s been at Sequoia since 2003 — a venture capital firm that first backed SpaceX at the end ...