Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
NEWS: 5⭐️ Ryan Hampton has committed to Kentucky, source told @Rivals. The 6-6 shooting guard is the No. 6 overall recruit in the 2027 class.
https://t.co/ExBy5Aj4pK
Sports Illustrated ranks the Top 20 Greatest WWE superstars all time.
#1 Stone Cold Steve Austin
#2 Hulk Hogan
#3 The Rock
#4 John Cena
#5 Roman Reigns
#6 Undertaker
#7 Triple H
#8 Shawn Michaels
#9 Bret Hart
#10 Bruno Sammartino
#11 Randy Savage
#12 Kurt Angle
#13 Roddy Piper
#14 Edge
#15 Randy Orton
#16 Andre The Giant
#17 CM Punk
#18 Chris Jericho
#19 Mick Foley
#20 Becky Lynch
Yesterday was the most watched Kentucky Derby of all time…19.6 million for telecast and 24.4 million for actual race
It was higher rated than basically every sporting event besides the NFL and College Football title game
It’s crazy how much the Derby continues to grow
St. John’s HC Rick Pitino on having to play the number one overall seed, Duke, in the Sweet Sixteen:
“I told my players it’s either kill or be killed. For practice yesterday, we dug graves. It’s up to the players now to decide who will be placed in those graves.”
Breaking: The NBA's Board of Governors has approved a vote for the league to explore bids and applicants for expansion teams exclusively in Las Vegas and Seattle, sources tell ESPN. A bidding process is expected to generate offers in the $7-10 billion range for each team.
Pierre Rondo Jr. just Played in his first State Tourney..
Hes 13 years old, had to leave middle school early to Play in the Kentucky State Tourney.. Something no other Rondo has done before..
He’s playing against 19 year old hold back seniors and all that..
Vs Lyon County..
25 PTS
7 AST
4 REBS
He is the best 8th Grader in KY history and the best Player in the state of Kentucky. This is crazy..
Just in: The NBA will hold a vote at the Board of Governors meetings March 24-25 to explore adding expansion teams exclusively in Las Vegas and Seattle, with the two franchises targeted for the 2028-29 season, sources tell ESPN. There is momentum for stakeholders to approve surveying what industry executives project will be bids in the $7-to-$10 billion range for each team.