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Mexican immigrant takes $28/hour welding job at SpaceX — now his stake is worth over $1M. How to build big wealth quick

Juan Hernandez's SpaceX holdings exceeded $1 million after the company went public. SpaceX shares initially rose 37% from a debut price of $135. Recent reports indicate the stock has since fallen 30% from its debut high.

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What changed

The stock has dropped 30% since its initial public offering.

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  1. SpaceX Stock Performance Following Public Debut

    Juan Hernandez's SpaceX holdings exceeded $1 million after the company went public. SpaceX shares initially rose 37% from a debut price of $135. Recent reports indicate the stock has since fallen 30% from its debut high.

    Still unconfirmed:

    • SpaceX stock is down 30% since its debut.
    confidence 60%

  2. Former SpaceX Welder Juan Hernandez Becomes Millionaire After IPO

    Juan Hernandez joined SpaceX in 2015 as a contract welder earning $28 per hour. Following the company's public listing, his stock holdings increased to over $1 million. SpaceX shares rose 37% after debuting at a price of $135.

    What's confirmed:

    • Juan Hernandez worked as a welder at SpaceX earning $28 per hour.
    • Hernandez's stock holdings now exceed $1 million.
    • SpaceX shares rose 37% after debuting at a set price of $135.

    Still unconfirmed:

    • Juan Hernandez turned a $10,000 SpaceX grant into about $880,000 before leaving.
    • The SpaceX IPO is the biggest wealth event since Facebook went public.
    confidence 90%

  3. Former SpaceX Welder Juan Hernandez Becomes Millionaire After IPO

    Juan Hernandez joined SpaceX in 2015 as a contract welder earning $28 per hour. A stock grant and the company's subsequent IPO increased his holdings to over $1 million. The event follows SpaceX's debut on Wall Street.

    What's confirmed:

    • Juan Hernandez worked as a welder for SpaceX starting in 2015.
    • Hernandez earned a wage of $28 per hour.
    • The SpaceX IPO increased the value of employee stock holdings.

    Still unconfirmed:

    • The SpaceX IPO was valued at $75 billion on Nasdaq.
    • Hernandez received an initial $10,000 stock grant.
    • Hernandez entered SpaceX through a routine job referral.
    • Hernandez had an $880,000 windfall prior to the IPO.
    confidence 80%

  4. Former SpaceX Welder Juan Hernandez Becomes Millionaire After IPO

    Juan Hernandez, a Mexican immigrant and former SpaceX welder, saw his stock holdings grow to over $1 million following the company's initial public offering. Hernandez joined the company in 2015 with a $28 per hour wage and an initial stock grant. He now plans to use his experience to teach his children about long-term financial planning.

    What's confirmed:

    • Juan Hernandez became a millionaire after the SpaceX IPO.
    • Hernandez was a Mexican immigrant who worked as a welder at SpaceX.
    • Hernandez earned $28 per hour during his welding job.
    • The stock holdings of Juan Hernandez are now worth over $1 million.
    • Juan Hernandez joined SpaceX in 2015.
    • SpaceX CFO Bret Johnsen became a billionaire following the IPO.

    Still unconfirmed:

    • Hernandez received approximately $10,000 worth of company stock when he joined.
    • Hernandez holds roughly 6,500 shares.
    • The IPO could turn 4,400 employees into millionaires.
    • A mariner invested 10% of her paycheck into SpaceX for 2 years.
    • Elon Musk became the world's first trillionaire due to the IPO.
    • Hernandez later moved to Blue Origin.
    confidence 90%