Lates News

Aviation technology and artificial intelligence company SpaceX is set to IPO on Friday, with reported subscription demands exceeding four times the issuance size. The total subscription size has surpassed 250 billion US dollars, far exceeding the planned fundraising target of 75 billion US dollars. The hot IPO has employees holding SpaceX stocks filled with anticipation. SpaceX employs 22,000 employees, including hundreds of former employees, including engineers and blue-collar workers at launch sites. According to an analysis by the San Francisco investment platform Hill.com, SpaceX's more than 4,400 current and former employees are expected to become millionaires in the IPO. Around 400 people are expected to achieve a wealth of 100 million US dollars or more. Hill.com founder and CEO Andrew Benson pointed out that in most IPOs, only founders can become billionaires. The fact that SpaceX is pushing 400 people to reach the threshold of 100 million US dollars in wealth is rare, indicating that the company is creating enormous wealth.