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.
United Soccer League awards franchise to USL Eugene, bringing professional soccer to the southern Willamette Valley
Submit a season ticket deposit:
https://t.co/k39LvA3QVZ
The ๐ฃ๐๐ญ๐ฉ chapter of pro soccer in the Pacific Northwest ๐
@USLEugene has been awarded a USL League One franchise and will begin play in the 2026 season!
โก๏ธ https://t.co/f8vuKxOcQw
United Soccer League awards franchise to USL Eugene, bringing professional soccer to the southern Willamette Valley
Submit a season ticket deposit:
https://t.co/k39LvA3QVZ
IPO SPRTS | We are thrilled to announce the signing of IMG Academy star and Cornell University Commit, Charley Goberville, to IPO for NIL/Marketing + Athlete Representation! The incoming Ivy League Freshman is one of the nationโs top Volleyball prospects. #NIL
IPO SPRTS | It is our honor to welcome Kamar Skeete of Penn State Universityโs Fencing Team to IPO for NIL/Marketing + Athlete Representation! The 2-time NCAA DI All-American has represented the United States at several world competitions. Welcome to the team! En-garde! ๐คบ๐ซ
IPO SPRTS | Announcing the signing of Gracie Epps (@gracieepps_) of Oklahoma State Universityโs Tennis Team to IPO for NIL/Marketing! She was named 2024 SEC Academic Honor Roll,?currently leads OSU (#58 rank in the nation) and has been ranked as high as #3 in Singles by the ITA.
Did you know that @HUSwimming is the ONLY Division I HBCU (Historically Black College & University) Program with a Swimming & Diving program in the entire NCAA?
Support The Bison on their journey! First stop, the CSCAA National Invitational in Ocala, FL, from March 13-15. #HBCU
IPO SPRTS | Pleased to announce the signing of Taj Benton from the Howard University Menโs Swim Team for NIL/Marketing + Athlete Representation! ๐ซ๐๐พโโ๏ธ๐ฅ. Welcome to IPO SPRTS!
CSCAA National Invitational March 13-15!
IPO x TAJ: https://t.co/a7bbrmh1lr
#NIL#Swimming#Marketing