SpaceX IPO to Mint Millionaire Welders as Experts Warn of Post-Listing Slumps

Jun 7, 2026 - 23:00
SpaceX IPO to Mint Millionaire Welders as Experts Warn of Post-Listing Slumps
A welder who immigrated from Mexico holds stock worth roughly $880,000 ahead of next week’s SpaceX IPO. Juan Hernandez built the stake from a $10,000 equity grant he received in 2015. SpaceX will sell 555.6 million shares at $135 each on Nasdaq under the ticker SPCX. The offer targets a $75 billion raise and values...

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