finance
SpaceX Welder Becomes Millionaire After Company IPO
A welder at SpaceX who had not previously heard of the company is now a millionaire following its IPO. The worker, a father of three, was interviewed by CBS News.
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Juan Hernandez, a welder at SpaceX, had never heard of the company before taking the job. After the company's IPO, Hernandez became a millionaire. CBS News interviewed Hernandez about the change in his finances.
Background on the IPO The IPO allowed early employees, including Hernandez, to realize gains from their holdings. Hernandez stated that the proceeds have affected his family's financial situation. No further details on the size of the IPO or the number of shares held by Hernandez were provided in the report.
Transparency
3 sources · across multiple outlets
CorroborationLimited · 3 sources
