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.
Highest Dolphins cap hits, 2026
*Tua Tagovailoa $55.4 m
*Tyreek Hill $28.2 m
*Ja. Waddle $23.2 m
*Ja. Ramsey $20.9 m
*Minkah Fitzpatrick $13 m
Zach Sieler $11.4 m
*Bradley Chubb $11 m
Jordyn Brooks $10.9 m
+Ter. Armstead $10.7 m
* Playing elsewhere
+Retired
Updated Post
HEARTBREAKING: #NFL HCs and GMs LAUGHED AT Darren Sproles when he measured in at the combine and was only 5-foot-6 and weighed in at 170 pounds.
Sproles called his dad: “They laughed at me”
His Dad replied: “You know what to do”
Sproles became a legend.
Oh Boy: 49ers star DE Nick Bosa throws shade at the NFL for converting stadiums to grass for the FIFA World Cup and then reverting back to turf for NFL games.
"It’s a little bizarre. But what can you expect?"
😳😳😳
SHOCKING: A growing number of middle school athletes — mostly boys — are intentionally repeating 8th grade to delay their start in high school, giving themselves another full year to get bigger, stronger, and faster, which in turn dramatically boosts their chances at elite high school spots, college scholarships, and massive NIL deals potentially worth millions.
William La Jeunesse: “Of 8M high school students in sports only 7% will play in college.”
“On the other hand, the [likely] number one pick in this year’s NBA draft, [AJ Dybantsa], did 8th grade twice.”
CRAZY IDEA: How about we let more kids be kids!
Jeff Bezos said the bottom half of Americans should pay ZERO federal income tax.
Why is a nurse in Queens making $75K a year and paying $12K in taxes??! “we shouldn’t be asking this nurse in Queens to send money to Washington.”
Jeff Bezos: "We don't have a revenue problem in this country. We already have the most progressive tax system in the world. The Top 1% of taxpayers pay 40% of all taxes. The bottom 50% pay just 3%. We have a spending problem."