--- title: Musk: SpaceX IPO made thousands of staff millionaires description: Elon Musk claimed on The Sean Hannity Show that SpaceX's record IPO has made thousands of employees millionaires, with estimates putting the figure at around... canonical: https://daily.dev/posts/musk-spacex-ipo-made-thousands-of-staff-millionaires-x9sljty6m twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Musk: SpaceX IPO made thousands of staff millionaires | daily.dev og:description: Elon Musk claimed on The Sean Hannity Show that SpaceX's record IPO has made thousands of employees millionaires, with estimates putting the figure at around... og:url: https://daily.dev/posts/musk-spacex-ipo-made-thousands-of-staff-millionaires-x9sljty6m og:image: https://api.daily.dev/og/posts/x9sljTY6M.png og:image:alt: Musk: SpaceX IPO made thousands of staff millionaires og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Musk: SpaceX IPO made thousands of staff millionaires **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 6 upvotes · 0 comments ## Summary Elon Musk claimed on The Sean Hannity Show that SpaceX's record IPO has made thousands of employees millionaires, with estimates putting the figure at around 4,400 new millionaires and 400+ centimillionaires, including production-line workers like welders. The wealth came from years of stock grants and options distributed across all levels of the company. However, shares have already dropped from a post-IPO peak above $200 to below $148, and lockup periods mean much of the wealth remains on paper. SpaceX lost $4.94bn in 2025 with only Starlink profitable, raising questions about its ~$2tn valuation. Musk retains 82% voting control through a dual-class share structure despite owning roughly 42% of equity. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [SpaceX IPO to mint 4,000 millionaires, cooks included](https://daily.dev/posts/spacex-ipo-to-mint-4-000-millionaires-cooks-included-inyq82is0) · The Next Web · 35 upvotes · 10 comments - [SpaceX IPO: Everything you need to know](https://daily.dev/posts/spacex-ipo-everything-you-need-to-know-r3wyxief4) · TechCrunch · 0 upvotes · 0 comments - [SpaceX is public: Everything you need to know post-IPO](https://daily.dev/posts/spacex-is-public-everything-you-need-to-know-post-ipo-hefmquy3x) · TechCrunch · 1 upvotes · 0 comments --- Tags: [#spacex](https://daily.dev/tags/spacex), [#ipo](https://daily.dev/tags/ipo) [View this post on daily.dev](https://daily.dev/posts/musk-spacex-ipo-made-thousands-of-staff-millionaires-x9sljty6m) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Musk: SpaceX IPO made thousands of staff millionaires","url":"https://daily.dev/posts/musk-spacex-ipo-made-thousands-of-staff-millionaires-x9sljty6m","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/musk-spacex-ipo-made-thousands-of-staff-millionaires-x9sljty6m"},"datePublished":"2026-07-09T19:57:20.891Z","dateModified":"2026-07-21T15:56:22.238Z","description":"Elon Musk claimed on The Sean Hannity Show that SpaceX's record IPO has made thousands of employees millionaires, with estimates putting the figure at around...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/bec685d32a5695f613924ff25d103c2d?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/bec685d32a5695f613924ff25d103c2d?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/musk-spacex-ipo-made-thousands-of-staff-millionaires-x9sljty6m","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":6},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"spacex,ipo","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Musk: SpaceX IPO made thousands of staff millionaires"}]} ```