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    SPACEX SHARES

    Former SpaceX welder who once knew nothing about the company now holds shares worth over $1 million

    A former SpaceX welder, Juan Hernandez, saw his decade-old stock grant blossom into over $1 million following the company's IPO. Initially hired as a contract worker, Hernandez received $10,000 in stock, which he largely overlooked until its significant appreciation. He continues to work, crediting his immigrant background and strong work ethic for his success.

    He joined as a welder, thought it was just another job. That job got him a Rs 10 crore jackpot in 10 years. Thanks to SpaceX IPO

    Juan Hernandez joined SpaceX as a welder in 2015, viewing it as just another job opportunity. Along with his employment, he received company stock that he initially paid little attention to. Following SpaceX's historic IPO, his roughly 6,500 shares are now worth nearly Rs 10 crore. Hernandez, who later moved to Blue Origin, says he plans to keep working and use his experience to teach his children about investing and long-term financial planning.

    How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks

    One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with a board member of the Musk-led Tesla for an allocation of SpaceX shares in 2023.

    Elon Musk becomes world's first trillionaire, but lives in a 20x20-foot home with an almost empty fridge

    Elon Musk has achieved a historic milestone, becoming the world's first trillionaire. This unprecedented wealth follows SpaceX's successful stock market debut. Despite his immense fortune, Musk reportedly lives in a small 400-square-foot home in Texas. His lifestyle prioritizes ambitious projects over personal luxury, a stark contrast to his record-breaking financial status.

    SpaceX becomes world's 7th most valuable company after blockbuster market debut

    SpaceX’s record-breaking IPO debut lifted its valuation above $2 trillion, making it one of the world’s most valuable companies. Strong investor demand, heavy trading volumes and retail enthusiasm boosted Elon Musk’s fortune, despite the company remaining loss-making and heavily growth-driven.

    Uday Kotak questions SpaceX valuation, says only time will tell if we're in ‘mega bubble'

    Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks came after the company’s debut propelled Elon Musk to trillionaire status and lifted SpaceX into the world’s corporate elite.

    The Economic Times
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