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.
Rorisang Mohapi who is in a committed relationship with Ntuthuzelo Prince who starred in the popular Netflix Show 180 , her woman decided to follow Tea 7 so quick. Your Girlfriends are so quick in fact she was top 10 first to follow.
[WATCH] Karl Sander, Hawks officer, was brought to tears after finding out the results of a polygraph test he apparently failed was considered βinvalidβ due to the examinerβs errors.
He was suspected of playing a role in the theft of cocaine from the Hawks offices in 2021. TCG
#CountryDuty
Letβs help SAPS find these criminals!
They robbed a lady last night in Pretoria Nelmaphius area.
@TshenoloPi is on the ground as we speak and looking for them!
Only a few hours before they dance!
I promise yaβll this is the last timeπ
once again thank you lord for endless blessings and providing me with the will and strength for a getting a new car β€οΈ
[BREAKING] The Joe 'Ferrari' Sibanyoni extortion and money laundering case is back on the roll. The accused are expected to present themselves at court tomorrow. More details to follow. Tune in to #eNCA, channel #DStv403
The moment of truth has arrived! Mr. Moloto confronts Clement about his out-of-control drug addiction. Can he turn his life around? Keep watching to find out!πΊπ₯π₯π₯ #SkeemSaam
While conducting #TshwaneYaTima in Atteridgeville, I met Thato - who runs Lacquer Nail and Beauty Clinic. Her municipal accounts are up to date. What was most interesting about Thatoβs work, is that twice a week she hosts elderly women for beauty treatments.
If you are interested in supporting a small business, please visit Thatoβs salon. We want to see all businesses to grow in Tshwane.
Thatoβs work can be followed via TikTok, Instagram and Facebook on: lacquer_nbc
@CityTshwane
@AfricaFactsZone, Thank you for bringing this up. First, it's true I took back my ambulance & I have no apologies for that. Why did I do it? It's because they didn't vote for me. So did you expect me to walkaway with nothing? Galatians 6:7 A man reaps what he sows.