
SpaceX IPO Winds Riches for Its Alumni, Exposes Blue Origin's Lottery-Style Equity
SpaceX’s IPO turned early employees into millionaires by enabling private sales of stock, while Blue Origin’s older plan paid out only at liquidity events and expired after 10 years, leaving many alums with worthless options; Blue Origin has since updated its program to offer more liquidity options, but the gap between the two companies’ incentive models remains stark as SpaceX’s success compounds wealth and Blue Origin rebuilds after a recent setback to its New Glenn program.











