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.
A man working as a welder at SpaceX for $28 an hour has just become a millionaire.
Juan Hernandez, who came from Mexico, welded rockets for SpaceX at $28 an hour.
SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years.
$SPCX is now trading at $167, making his shares worth over $1 million.
Karmelo Anthony is yet another young black male who threw his life away — and more importantly took away an innocent person’s life — for no reason. It’s time for the black community to stop rallying around and defending these sociopath thugs and instead work on raising children who won’t make these kinds of insane, self-destructive choices in the first place.
I’ve referred these allegations to DOJ’s new Fraud Division for criminal investigation. Minnesota state officials are not above the law, and if they facilitated fraud, lied under oath about what they knew, or harassed and intimated whistleblowers, they must face justice.
Hey Chicago Bears Fans,
Your blood is about to boil reading this:
I just did some research. The state of Illinois has spent over $2.5 BILLION on free benefits for illegals last year.
At the same time Illinois Governor @JBPritzker was telling the Bears there’s “no money” for tax relief on a new stadium.
Let that sink in.
For $2.5 billion the state of Illinois could have PAID for a new stadium for the Chicago Bears.
Instead, they spent it paying for lavish benefits for aliens, while running a $3 billion deficit and losing a franchise they've had for over 100 years.
This is what Democrat priorities look like. They hate you and will destroy your state for power.
Black people should be honoring great men like Clarence Thomas, Ben Carson, and Thomas Sowell, but instead they idolize scum like Michael Brown, George Floyd, and Karmelo Anthony. Why?
Something is badly broken in the black community.
Rodney King, OJ, Michael Brown, George Floyd, Karmelo Anthony. My entire life I have watched black activists rally around the most dysfunctional, degenerate, morally repugnant parasites imaginable. Celebrating and defending the absolute worst of the worst. People who contribute nothing to society. When’s the last time an actual virtuous and heroic black man won popular support in his own community? It seems that kind of black man is more likely to be shunned than celebrated.