Former SpaceX welder becomes a millionaire after historic IPO
CBS News • • business
Key Points:
- Juan Hernandez, who started as a welder at SpaceX in 2015 without knowing much about the company, now holds approximately 6,500 SpaceX shares valued at over $1 million following the company's $75 billion IPO.
- SpaceX shares began trading on Nasdaq under the ticker SPCX, marking a significant milestone for the rocket and satellite company.
- Hernandez rose from welder to supervisor at SpaceX, attributing employee stock offerings as a motivator that fosters a sense of ownership and drives performance.
- Despite his newfound wealth, Hernandez remains humble and committed to hard work, teaching his children about investing and entrepreneurship.
- Hernandez expressed gratitude toward Elon Musk for creating opportunities that have positively impacted the lives of everyday workers like himself.