SpaceX IPO Could Mint Thousands of New Millionaires at a $1.8T Valuation
SpaceX plans to price its IPO at $135 per share, aiming to raise about $75 billion and list on Nasdaq at a $1.8 trillion value, potentially making more than 4,000 current and former employees millionaires, including non‑technical staff who received stock options. The offering is heavily oversubscribed, with Goldman Sachs and Morgan Stanley among lead underwriters. Much of the windfall could be illiquid for months due to lockups, and Musk will retain voting control; the liquidity event could also impact South Texas housing as new wealth flows in.