Last updated: October 31, 2026
Bluesky is owned by Bluesky Social PBC, a private public benefit corporation in Seattle, Washington. It has no parent company and no controlling investor. The company says Jay Graber and its team own it, and venture firms such as Bain Capital Crypto hold stakes. Its value was not disclosed as of October 2026.
Bluesky ownership at a glance
| Item | Detail |
|---|---|
| Ownership type | Private public benefit corporation |
| Parent company | None, independent |
| Largest shareholders | Jay Graber and the Bluesky team; Bain Capital Crypto, Blockchain Capital, Neo (stakes not disclosed) |
| Latest valuation | Not disclosed (reported near $700 million, January 2025) |
| Last funding round | $100 million Series B, closed April 2025 |
| Founded | Late 2021 as a company; project announced December 2019 |
| Headquarters | Seattle, Washington |
| CEO | Toni Schneider (permanent since July 10, 2026) |
Who owns Bluesky today?
Bluesky Social PBC runs the Bluesky app. It also builds the AT Protocol, the open network the app runs on. Its FAQ says Jay Graber and the Bluesky team own the firm.
Graber was CEO from 2021 until March 2026. She is now chief innovation officer and chairs the board, according to a Bluesky post from July 10, 2026.
Outside investors own part of it too. Bluesky raised $123 million in three rounds from July 2023 to April 2025.
No stake sizes are public. Bluesky has not said how much Graber, staff or any single fund holds.
Twitter, now X, is not an owner. It paid Bluesky for services, and that deal ended in late 2022. Threads works another way: it belongs to Meta, where Mark Zuckerberg controls most of the votes.
Who controls Bluesky?
A four-person board runs Bluesky. Its FAQ names Jay Graber, Jeremie Miller, Mike Masnick and Kinjal Shah as directors.
Miller invented the Jabber chat protocol and sat on the first board. Masnick joined in August 2024. Shah, a Blockchain Capital partner, joined after the Series A in October 2024.
The board led the hunt for a new chief. Bluesky named Toni Schneider interim CEO on March 9, 2026. It made the job permanent on July 10, 2026.
As a public benefit firm, Bluesky has a legal mission as well as profit goals. It has said this status lets it put the mission first.
Bluesky has not shared its share classes or vote split. No filing shows a founder super-vote setup like Reddit’s two-tier share structure.
Bluesky’s funding and ownership history
| Date | Event |
|---|---|
| December 2019 | Jack Dorsey, then Twitter’s CEO, says Twitter will fund a small team to build an open social media standard |
| August 2021 | Dorsey picks Jay Graber to lead Bluesky |
| Late 2021 | Bluesky forms as a public benefit LLC with Twitter funding, reported at $13 million |
| Late 2022 | Twitter ends its service deal with Bluesky after Twitter changes hands |
| July 2023 | Bluesky becomes a public benefit C corporation and raises an $8 million seed round led by Neo |
| May 2024 | Dorsey leaves the board |
| October 2024 | $15 million Series A led by Blockchain Capital |
| January 2025 | Business Insider reports a round valuing Bluesky near $700 million |
| April 2025 | $100 million Series B led by Bain Capital Crypto closes |
| March 2026 | Graber steps down as CEO on March 9; Bluesky discloses the Series B on March 19 |
| July 2026 | Toni Schneider becomes permanent CEO |
Venture funding totals $123 million. Twitter’s early money came through a services deal, so it sits outside that total.
Who are the biggest investors in Bluesky?
Bain Capital Crypto and Blockchain Capital led the two largest rounds. Both focus on crypto. Bluesky said in 2024 that its app does not use blockchains or crypto.
CEO Toni Schneider is tied to two backers. He is a partner at True Ventures, which joined the Series A and B. He was also the first CEO of Automattic, a 2023 seed investor.
- Bain Capital Crypto led the $100 million Series B in April 2025.
- Blockchain Capital led the $15 million Series A in October 2024.
- Neo led the $8 million seed round in July 2023.
- True Ventures and Alumni Ventures put money into both the Series A and B.
- Anthos Capital, Bloomberg Beta and the Knight Foundation joined the Series B.
- Seed angels included Kubernetes co-creator Joe Beda and Bob Young of Red Hat.
Users grew with the funding. Bluesky had 13 million users at its Series A and over 44 million by May 2026, by its own count.
Is Bluesky publicly traded?
No. Bluesky Social PBC has no ticker symbol, and its shares do not trade on any exchange.
Bluesky had not announced IPO plans as of October 2026. No public filing points to one. Some large private tech firms, such as Discord, had filed draft IPO papers by May 2026, as this 2026 IPO pipeline tracker shows.
FAQ
Who founded Bluesky?
Jack Dorsey announced Bluesky as a Twitter-funded project in December 2019. Jay Graber was picked to lead it in August 2021. She became its first CEO when it formed as a company that year.
Does Jack Dorsey own Bluesky?
Bluesky has not disclosed any stake held by Dorsey. He started the project while running Twitter and sat on the first board. He left the board in May 2024.
Does Elon Musk or X own Bluesky?
No. Twitter paid for early work through a services deal that ended in late 2022, after Musk bought Twitter. Neither Musk nor X holds a disclosed stake or board seat at Bluesky.
Who is the CEO of Bluesky?
Toni Schneider, the first CEO of Automattic and a True Ventures partner. He became interim CEO on March 9, 2026. Bluesky made the job permanent on July 10, 2026.
How much is Bluesky worth?
Bluesky has not disclosed its value. Business Insider reported in January 2025, citing three sources, that a round then closing would value the company near $700 million.
