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.
"Ideas are cheap everywhere, but in markets like Sri Lanka the dollar-value asymmetry makes execution even more decisive. If you maintain excellence in operations and distribution, competition becomes useful information"
https://t.co/vMwgXiGqh7
If those tweets are true, what’s happening to the Windsurf employees is unfair. Reminds me of when our leadership fought for us during a product acquisition by letting the whole team go. Morals man.
Novak Djokovic says he’s not going to start complaining about injuries now because it would be a disservice to God and to his body, ‘I’ve been fit for so long & had an incredible career. I’m just trying to make the maximum out of what I have left’
“I probably have to revisit everything and see with my team and family how I want to proceed with my schedule and where I want to peak and how I want to train. Try to do things.. I don’t know what I can do differently to be honest (laughing). Because the amount of hours I spend on a daily basis to take care of myself.. I’d like to challenge everyone out there who’s on tour to see if anyone takes care of themselves more than me… and I unfortunately don’t get rewarded for that right now, with injuries at the later stages of Slams. But I was rewarded for many many years. So I might see it right now as misfortune. But I’ve gotten so much from God and from
the life in my career that it would be a disservice for me to God and to my body and everything I had in my career to start complaining about injuries. Because I’ve been fit for so long and had an incredible career. I’m just trying to make the maximum out of what I have left. I just got off the court so of course I’m upset and disappointed. Mostly not for the loss. Even if I was fit, I wasn’t a favorite to win against Sinner. But I think I had good chances if I was fit. It’s just that that physical aspect is bothering me. You’re there. You want to play. You’re determined. But the body doesn’t want to listen. That’s it. That’s all you can say about it.”
(via Wimbledon Press)
I don’t know what’s broken in me, but I’d give anything for a bowl of those Dan Dan noodles from the Cathay lounge. Not great. Probably never were. But at 3am, somewhere between jetlag and a minor existential crisis, they tasted like therapy in a bowl. I want more.
The path forward is neither blind faith in markets nor unconditional trust in the state. It is in asking “Where can I contribute meaningfully? Where do my skills and circumstances let me create net-positive value?” https://t.co/qi98PtjXlr
🚨 RUMORS: Reports say Max Verstappen’s buyout clause could cost Mercedes €102M, plus a €55M salary—totaling ~€160M for 2026. In comparison, George Russell’s reported salary is €35M.
Is Max really worth an extra €125M for next season?
📰 Gazetta
#Verstappen#Mercedes