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BBC·3 min read·medium

Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'

Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'
AI Summary

Following SpaceX's massive IPO in June, thousands of employees have become millionaires, with many now deciding whether to sell their shares. Early employees are navigating the company's staged release of stock as the firm reaches a $2 trillion valuation.

Share Save Add as preferred on Google Nathalie Jimenez and Samira Hussain , Business reporter & North America business correspondent The BBC's Samira Hussain explains how some early SpaceX employees could be looking at a very large payday. Andre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. He was paid partly in stock - a common trade-off at start-ups as a hiring incentive.

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