Published on 12/6/2026
The American newspaper “The New York Times” reported that thousands of employees working for SpaceX, the largest private space company in the world, may become millionaires overnight after the company’s shares were listed on the Nasdaq Stock Exchange.
The American newspaper explained that the SpaceX public offering could unleash a huge wave of new wealth, as the stock recorded strong increases when trading began on Friday.
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The New York Stock Exchange and the Nasdaq Stock Exchange open at 9:30 am local New York time (13:30 GMT), but trading in the stock will likely not begin before the middle of today’s trading session, with the stock exchange collecting buy and sell orders.
SpaceX set the initial public offering price at $135 per share, and sold 555.56 million shares.
Although many categories will benefit greatly from listing the company’s shares on the American Stock Exchange, such as the company’s billionaire president, Elon Musk, venture capital investors, investment funds, and those close to Musk, the category that will experience the largest financial transformation in their lives is the current and former SpaceX employees who own shares in it.
Former and current employees
SpaceX employs 22,000 people, in addition to hundreds of employees who have worked there over the past years, a number of whom have received shares in it as part of job compensation packages. The New York Times estimates that the initial public offering may turn approximately 4,400 current and former SpaceX employees into millionaires once its shares begin trading on the stock exchange.
According to an analysis conducted by Heal.com (an investment platform based in San Francisco in the western United States), it is expected that about 400 employees of the American company will earn $100 million or more.
The American newspaper refers to some of these employees at SpaceX, including Trevor Hayes (37 years old), who has worked there for 12 years and owns more than 100,000 shares that he gradually acquired during his years of work. By calculating the price of one share, the market value of Hayes’ shares will reach at least $13.5 million.
“It’s an unbelievable number,” says Hayes, who worked as a launch engineer at SpaceX and now considers himself semi-retired.
The record IPO represents the culmination of Musk’s ambitions in the space and technology sectors, attracting huge numbers of individual investors to the market.
SpaceX, which along with electric car company Tesla forms the backbone of American billionaire Elon Musk’s empire, succeeded in raising a record $75 billion from its initial public offering yesterday, Thursday, which reflects investors’ enthusiasm for Musk’s projects.
