
SpaceX staff pool wealth for cheaper post-IPO advisory with Choreo
More than 100 current and former SpaceX employees have formed a collective to manage their post-IPO wealth through a low-fee advisory option with Chicago-based Choreo, targeting fees under 0.5% of assets and potentially $1–$5 billion in assets; the move could shift leverage in wealth management and expand philanthropy efforts, with Anthropic employees reportedly exploring similar options.