SpaceX's IPO subscription is crazy, with 250 billion vying for 75 billion; employee wealth is the real revolution, not just the founders benefiting.

CoinWorld reports that SpaceX will go public on Friday. Subscription demand exceeds four times the issuance size, and the total subscription amount has surpassed $250 billion, far exceeding the $75 billion fundraising target. Among approximately 22,000 current employees and hundreds of former employees, around 4,400 are expected to become millionaires, including about 400 people who may amass wealth of more than $100 million. Andrew Benson, founder of Hill.com, said this is a rare case where 400 employees reach $100 million in wealth, contrasting with the typical IPO pattern in which only the founders become wealthy.