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Reply to "Calling all SpaceX Millionaires!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Many senior engineers (below leadership level) are clearing $100M[/b]. $12M is on the really low end for anyone there since 2021 let alone exec level - are you sure he’s senior leadership?[/quote] No they’re not. You clearly know nothing about stock options, RSUs, vesting, and mainstream practices within the tech industry. [/quote] To be so wrong yet so confident. Believe whatever makes you feel better I guess? [/quote] This has already been reported by NY Times. https://www.nytimes.com/2026/06/10/technology/spacex-ipo-employee-millionaires.html [quote]More than 4,400 current and former SpaceX employees are likely to become millionaires in the I.P.O., according to an analysis by Hill.com, a San Francisco-based investment platform. Of those, about 400 are expected to earn $100 million or more. [/quote][/quote] There are about 1200 current directors, VPs, C-suites at the 22k SpaceX. As a 20 year old company, many of the largest stakeholders are people who came and went over that span -- those are the 4400. The actual engineers doing technical work will get a cool t-shirt. This is how it has been in the Valley since the dot.com fiasco minted millionaire secretaries and FB mural painter -- VC and founders realized what they were giving away and tightened the reigns (and of course dilution has come to bare a lot more). I guess its better than the hamfisted Zynga clawback: https://www.marketplace.org/story/2011/11/10/zynga-wants-employee-shares-back [/quote]
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