I’ll have my mouse and keyboard ready for call options. LOL
Now, the question is, How many liberal Democrats that demonize Elon and his billions will be desperately trying to get in on the ground floor?.....................
Elon gets a Trillion and Bill Gates parks his car.
“Elon Musk has revealed plans to float SpaceX in the US, paving the way for the largest stock market float in history set to make him a trillionaire.”
But they don’t mention that it will also make most of the long timer workers there millionaires.
What the envious vile liberal media doesn’t mention... All the workers that become millionaires.
From AI...
“SpaceX’s upcoming IPO is projected to create a significant number of millionaires among its workforce, particularly among the engineers.
Number of Potential Millionaires
Estimates suggest that THOUSANDS of employees could become millionaires due to the IPO. This is primarily because many employees have accepted lower salaries in exchange for substantial equity stakes, including Restricted Stock Units (RSUs) and Incentive Stock Options (ISOs) that have appreciated significantly over time.
Financial Impact
With the IPO valued potentially at over $2 trillion, the shares held by long-tenured employees could be worth millions, given internal valuations around $420 per share for those who joined in earlier funding rounds.
The IPO is expected to mint more new billionaires than any previous liquidity event in history, reflecting not just the company’s financial success but also the structure of its employee compensation.
Implications
This massive transition could lead to rapid wealth generation, creating both opportunities and challenges as employees navigate the tax implications of their newfound wealth, especially regarding Alternative Minimum Tax (AMT) and ordinary income taxation on vested shares.
The significant wealth creation is anticipated to positively impact communities near SpaceX, as employees reinvest their earnings into local economies.”
keep in mind that StarLink’s revenue represents around 60-65% of the total SpaceX revenue in 2025 (the most recent full year with detailed breakdowns), with Starlink as SpaceX’s dominant and fastest-growing revenue source. [IOW, the SpaceX rocket business is cool, but StarLink is the real diamond in the SpaceX jewelry box ...]
But, but...AOC sez Elon is one of the “dumbest” people on earth...
That number makes no sense to me at all.
Current total Space destinations: Two - Earth Moon and Mars
Mercury and Venus: Absurdly hot and intense solar radiation
Jupiter and Saturn: Gas planets - Jupiter has huge radiation belts which all Jupiter moons orbit through.
Where - exactly - are Earth people going to go in our Solar System to generate $28.5 trillion of income?
spacex has spend 3 billion in 2025 for starship/booster dev and infrastructure, so ya an IPO makes sense, flight 12 today will make a great splash for the ipo.
I want to buy stock when i can
Stock starts trading on Friday, June 5.
SpaceX
To buy SpaceX shares through Charles Schwab, navigate to the IPO center on the Schwab website or app to submit an Indication of Interest once the roadshow begins. Be aware that you must meet a minimum account balance requirement to participate in the retail allocation.
Specific steps and details include:
• Opt into IPOs: Go to the Trade tab on your Schwab dashboard and select IPOs. You will need to read and accept the IPO participation agreements.
• Submit an Indication of Interest (IOI): Once the IPO’s roadshow period begins, you can submit an IOI specifying the number of shares you want.
• Verify Account Requirements: To be eligible to participate in SpaceX’s retail IPO allocation, you must maintain a minimum account balance (often requiring at least $100,000 in total household assets and meet specific investment knowledge and risk tolerance criteria.
• Allocate and Trade: Submitting an IOI does not guarantee you will receive shares. Allocation limits are common. Once the stock officially begins trading on the Nasdaq under the ticker “SPCX”, you can buy additional shares at market price using a standard order on Schwab.