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A mariner put 10% of her paycheck into SpaceX for 2 years. Now it's public

SpaceX shares are now trading on the Nasdaq after a successful IPO. Former employee Juan Hernandez holds 6,500 shares worth nearly Rs 10 crore. Former mariner Maryellyn Musselman also holds equity after investing 10% of her paycheck.

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What changed

New details emerged regarding specific former employees and their financial gains from the IPO.

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  1. SpaceX IPO Creates Wealth for Former Employees

    SpaceX shares are now trading on the Nasdaq after a successful IPO. Former employee Juan Hernandez holds 6,500 shares worth nearly Rs 10 crore. Former mariner Maryellyn Musselman also holds equity after investing 10% of her paycheck.

    What's confirmed:

    • SpaceX shares began trading on the Nasdaq on June 12.
    • The SpaceX IPO has been successfully completed.

    Still unconfirmed:

    • Maryellyn Musselman invested 10% of her paycheck into company shares.
    confidence 80%

  2. SpaceX Valuation Surpasses $2 Trillion After Record IPO

    SpaceX shares began trading on the Nasdaq on June 12 after pricing at $135 per share. The company is now valued at over $2 trillion following a first-day rally. The IPO created millionaires among approximately 4,400 employees.

    What's confirmed:

    • SpaceX priced its shares at $135 on June 11 with a valuation of $1.77 trillion.
    • The company raised $75 billion in the largest IPO ever.
    • SpaceX stock began trading on the Nasdaq on June 12.
    • The company is now valued at over $2 trillion after its stock rallied on the first day of trade.
    • Approximately 4,400 employees became millionaires overnight due to company stock.
    • Former welder Juan Hernandez saw a $10,000 stock grant grow to over $1 million.

    Still unconfirmed:

    • Morningstar cut its fair value estimate for the stock to $62.
    confidence 95%

  3. SpaceX IPO creates millionaires among employees and former staff

    A historic IPO for SpaceX has resulted in significant wealth for various workers. Former employees, including a welder and a recovery boat engineer, have seen their stakes increase in value. CFO Bret Johnsen has become a billionaire through the process.

    What's confirmed:

    • CFO Bret Johnsen became a billionaire following the SpaceX IPO.
    • A former SpaceX welder became a millionaire after the IPO.
    • Maryellyn Musselman is a 27-year-old former SpaceX employee who invested 10% of her paycheck into company shares.

    Still unconfirmed:

    • The IPO could turn 4,400 employees into millionaires.
    • A Mexican immigrant welder's stake is worth over $1M.
    confidence 90%