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.
Masterclass Session on "Five ways to not become a single Mom".😍
You Bitches can also use it to "become a Single Mom". 👋🏾
The choice is yours💯.
Learn or Perish! 🗣️
There's something genuinely inspiring about watching the younger generation take an idea-sometimes nothing more than a spark
—and turn it into something real. Building a business from the ground up isn't easy. It takes grit, creativity, and a willingness to bet on yourself when nothing is guaranteed.
It's good to see. It gives you confidence that the spirit of building something from nothing is still alive and well.
Big respect to Kyler the Creator for the inspiration-check out his video on TikTok @kylerthecreator47. He's living proof that you can build something from nothing.
—For the creators who feel called to something bigger.
This song is fuel. A reminder that your light isn’t meant to be contained.
Shine so the world can find you.
"Signal Fire"🔥
https://t.co/iUh2Ry28Md
https://t.co/uIjRN3GusW