It’s Wall Street’s version of winning the lottery: A worker becomes a multimillionaire overnight after their employer’s success turns into IPO riches.
Call it the SpaceX effect
An estimated 4,400 former and current employees of Elon Musk’s commercial space company are set to become millionaires after Space Exploration Technologies Corp.’s (SPCX) record-breaking initial public offering in June. Sure, coming into… Related news Dow Jones Futures Fall, Bloom Energy Jumps; SpaceX’s First Buy Point 6/30/2026 : Techs continued to bounce Tuesday, with bullish moves for the Nasdaq and many AI stocks. SpaceX flashed a first… 6/30/2026 : Techs continued to bounce Tuesday, with bullish moves for