SpaceX valuation reaches $1.75 trillion
The SpaceX initial public offering has launched with a $1.75 trillion valuation and a $135-per-share opening price.
About 4,400 current and former SpaceX staffers will become millionaires as the stock gathers steam.
One of them, former SpaceX welder Juan Hernandez, holds 6,500 shares of SPCX, which should net over $1 million if he decides to sell.
Many of these new millionaires are considering luxury real estate purchases, but experts advise them to plan carefully to maximize their wealth.