Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-12T14:37:00+00:00
Juan Hernandez, who now works as a welder at Jeff Bezos-owned rival Blue Origin, is one of more than 4,400 current and formerSpaceXemployees who became millionaires on paper when the company went public. When SpaceX hired Juan Hernandez as a welder in 2015, the company offered him $10,000 in stock alongside his $28-an-hour wage. He accepted the equity without giving it much thought, since none of his previous hourly positions had included company shares,Hernandez told CBS News. SpaceX priced itsinitial public offeringat $135 per share ahead of the Nasdaq debut, valuing Hernandez's 6,500 shares at roughly $880,000 at the offer price,Fortune reported. The offering raised $75 billion at an implied valuation of approximately $1.77 trillion,according to Nasdaq, and became the largest initial pu
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25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.