Elon Musk isn't the only one getting richer from SpaceX going public. The stock’s surge is estimated to have turned about 4,400 current and former employees into millionaires through equity compensation accumulated during their time at the company. SpaceX’s long-awaited IPO raised a record $75 billion, valuing the company at roughly $1.8 trillion. The offering also pushed Musk’s estimated net worth past the $1 trillion mark, further cementing his position as the world’s richest person. Now Wall Street is watching to see whether the stock's early trading can drive SpaceX’s valuation even higher, rewarding employees and investors who backed the company during its rise.
Elon Musk isn't the only one getting richer from SpaceX going public. The stock’s surge is estimated to have turned about 4,400 current and former employees into millionaires through equity compensation accumulated during their time at the company. SpaceX’s long-awaited IPO raised a record $75 billion, valuing the company at roughly $1.8 trillion. The offering also pushed Musk’s estimated net worth past the $1 trillion mark, further cementing his position as the world’s richest person. Now Wall Street is watching to see whether the stock's early trading can drive SpaceX’s valuation even higher, rewarding employees and investors who backed the company during its rise.
