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.
🚨 JUST IN: The DOJ has officially CHARGED Nicholas Matthew Scelfo with threatening to MURDER an ICE agent and his family here in Newark
He now faces up to 10 YEARS in prison.
Per DOJ, Scelfo ADMITTED he’s the one on video, and saw it circulating in the media in the hours leading up to his arrest.
Scelfo will appear today in front of a federal magistrate judge today in Newark.
This is a SERIOUS federal felony. 18 U.S. Code § 115: “Influencing, impeding, or retaliating against a Federal official by threatening or injuring a family member.”
Not looking good for this guy!
Jesse, Steve, Laddy, and Vlad….such an incredible feeling to welcome you aboard Integrity after a nearly 700,000 mile journey. Forever thankful for your service to our crew and the nation.
You tried to paint me as a pervert for exposing fraud, and as a result radical leftists started trying to dox me and send death threats, wanting to kill me.
Now you are taking credit for “leading the charge” on the fraud. Are you serious?
You are the fraud.
Hello, Moon. It’s great to be back.
Here’s a taste of what the Artemis II astronauts photographed during their flight around the Moon. Check out more photos from the mission: https://t.co/rzM1P0QbOl
Unified junior middleweight champion Xander Zayas will put his WBA and WBO titles on the line against Jaron "Boots" Ennis on June 27 and Barclays Center in Brooklyn, ESPN confirmed on Monday.