about 1 month ago
AfroTech Aug 21, 2026

Atlanta Falcons Safety Jessie Bates III Invested $150K In SpaceX’s 2022 Series J Round, Now His Investment Could Be Worth 10 Times More

Atlanta Falcons safety Jessie Bates III, a three-time Pro Bowler from Fort Wayne, Indiana, has made strategic moves off the field to secure his financial future and build a lasting legacy. Raised by a hardworking single mother, Bates credits his upbringing and sports exposure for shaping his strong work ethic and broader ambition beyond a traditional nine-to-five life. Since being drafted by the Cincinnati Bengals in 2018 and now signed with the Falcons on a $64 million four-year contract, Bates has earned over $70 million in his NFL career and has developed a disciplined approach to managing his wealth with guidance from advisor Michael V. Ledo of RISE Family Office.

Among Bates’ noteworthy investments is a $150,000 stake in SpaceX’s 2022 Series J funding round, a calculated yet uncharacteristically bold move for the conservative investor. SpaceX, valued at $127 billion during that round, went public in June 2026 with a historic $1.77 trillion IPO, turning Bates’ early investment into a potential tenfold return. This milestone highlights the kind of wealth-building opportunities that Bates believes many athletes overlook, as he encourages his NFL peers to focus on long-term financial growth rather than material possessions alone. Beyond SpaceX, his portfolio includes stakes in tech companies like OpenAI, Anthropic, Databricks, Cart.com, and Turo, as well as an investment in a Texas self-storage facility.

Bates is equally focused on community impact through his Jessie Bates III Foundation, which emphasizes healthy families, football, and financial literacy. His foundation actively supports single mothers by hosting several to attend his games annually and facilitates opportunities such as sports camps and educational programming in his hometown. The foundation also partners with organizations like Habitat for Humanity to promote affordable housing, including plans to help single mothers in Fort Wayne. His mother, who serves as the foundation’s director, keeps this work deeply rooted in the values of giving back.

Over his nine-year NFL tenure, Bates has grown into a leader both on and off the field, using his platform to advocate for bigger-picture thinking and legacy building. He aims to show that success extends beyond athletic achievement to include family stability, community upliftment, and financial empowerment. By sharing his investment experiences and philanthropic initiatives, Bates hopes to inspire others in the sports world to pursue meaningful wealth creation and make a lasting impact beyond their playing careers.

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