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.
I grew up with nothing. Today at 35, I paid off my mortgage, I’m debt free, have a masters degree, became an 8-figure trader, and retired my wife and my mom. The journey was real. If I can do it anyone can.
Ask me anything.
BREAKING: The SpaceX, $SPCX, IPO will be quoted at 9:50 AM ET today and begin trading at 10:00 AM ET.
Currently, the stock is indicated to open ~25% higher, making SpaceX the 7th largest public company in the world and Elon Musk the first trillionaire in history.
BREAKING: S&P 500 futures extend gains to over +1% on the day and hit the highest level on record as President Trump asks Iran to join the Abraham Accords.
That's +$11.3 TRILLION in market cao since the March 30th bottom.
🚨 NEXT WEEK’S SCHEDULE IS INSANE FOR MARKETS
MONDAY → KEVIN WARSH SWORN IN AS NEW FED CHAIR
TUESDAY → FED GOVERNOR SPEECH
WEDNESDAY → FOMC EMERGENCY MEETING
THURSDAY → FED BALANCE SHEET
FRIDAY → FED INJECTS $3.28 BILLION
GET READY FOR THE MOST VOLATILE WEEK OF 2026!!