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Nash Riggins

Employees Reveal That Blue Origin Stock Is Worthless Just Weeks After SpaceX IPO Turned Employees Into Millionaires

Just about everybody who works in Silicon Valley was sold the same dream: Take a low salary now, accept stock options, and work like a dog for a few years. Then, you can cash out when your unicorn goes public, and you’ll retire before you hit age 30.

Well, that dream finally became a reality for a whole lot of SpaceX (SPCX) employees this summer. The company’s blockbuster IPO was effectively one of the biggest wealth creation events the tech industry has ever seen. In fact, over 4,000 current and former employees were reportedly turned into overnight millionaires after years’ worth of equity compensation suddenly became liquid.

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