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.
@ARISEtv Heartbreaking fo sure. A country rich in brilliant doctors, only to lose them abroad to a broken system at home. Nigeria’s healthcare failures are being painfully exposed lately. The imbalance in Africa losing the best for abroad
@KenyaPower_Care@TheKenyap I feel you only promised me to come just to get rid of me. When a monopoly behaves like this where can we run to. How long should I wait to have electricity
@KenyaPower_Care kindly assist. My token meter isn't working. I called yesterday and got a ref no. I even came to your offices today and asked me to go back assuring you will get someone to come sort me by 2pm. No one has come. It's quite frustrating. Exactly what should I do??
Remember, within you lies the power to embrace life fearlessly, taking bold steps towards your dreams and aspirations. Embrace the courage within and live each day with unwavering determination!" 🌟🚀
Five days before Silicon Valley Bank collapsed, @Forbes named SVB as one of “America’s Best Banks of 2023.” And this isn’t the first time they’ve backed a loser:
We should pray this every day – “God, please help me not to be deceived. If I’m believing anything that’s not true, please reveal it to me.” #JoyceQuote
🥂 to great dinning. Barbara Coloroso ones said, there's something profoundly satisfying about sharing a meal, Eating together. I agree. More so if you r lucky to be with the wise. https://t.co/8YGkZogBEV
God brought u through another week! He will empower u 4 the next! Set aside some time today 2 thank Him & 2 seek His wisdom! He will give u strength, faith & uncommon favor 2 do great thing, 2 overcome every obstacle & 2 succeed! May u c opportunities that others miss!
@Safaricom_Care Failed. M-PESA is temporarily unable to authorise airtime purchase of Ksh.Please try again later.
Please advise if network is OK as av been trying to load from yesterday with no success
Note to Self:
You are an amazing gift to the world!
Walk like it!
Talk like it!
Dress like it!
Think like it!
Live like it!
Act Like ut!
Believe it!
Be it!