Post by Augustine Chiagozie (@pabloexchange)

After SpaceX’s IPO, cafeteria workers, welders, janitors, and other employees became dollar millionaires

According to media reports, around 4,400 company employees now have net worths exceeding $1 million, while roughly 400 people earned more than $100 million. Many of them chose stock options instead of part of their salaries during the company’s early years.

Journalists note that the successful IPO could spark a new wave of startups: former SpaceX employees have already founded more than 150 companies of their own.

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