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SpaceX goes public, and along with the viral fame of the flower-arm girl engineer "Starship Queen," there's also this unassuming welder who knows nothing about space. Do you know how much he's worth now?
This Mexican immigrant who has been welding at SpaceX for 10 years doesn't know the company's stock ticker, but on the day of the IPO, his account balance was $880,000. Now $SPCX has already surpassed $200 per share, and his wealth is probably doubling again!
He immigrated from Mexico, learned welding because the pay was better. He joined as a contractor in 2015, earning $28 an hour, thinking that was enough to get by.
This guy is named Roberto (a pseudonym in media reports). When he signed his employment documents, he didn't even know what RSUs (Restricted Stock Units) were. HR said, "The company might give long-term employees equity rewards or stock purchase opportunities in the future. Just check this box," and he casually checked it—just like signing the employee manual when signing a labor contract.
As a result, #SpaceX, although not publicly IPO'd, Musk gave early core blue-collar workers (especially the rocket recovery frontline welding team) internal stock incentives or allowed participation in ESOP, and he just held onto it. Ten years later, on the day of SpaceX's IPO, his after-tax net worth approached $900k (about 6.5 million RMB), enough to put a down payment on a house in Texas and send two kids to college. Of course, now it's far more than $900k.
He later said, "I've never looked at the financial reports, I don't even know what NASDAQ is. I only know that the welds need X-ray inspection with zero bubbles, and as long as the rocket stands firm, I'm happy." This statement is more moving than Wall Street analyst reports. It shows that the true beneficiaries of the era's red tide are not only Silicon Valley coders and financial elites but also skilled workers rooted in the physical frontline for a decade, especially when bosses are willing to share the cake with blue-collar workers (rare!). It can even change social class.
Elon Musk is willing to give stock to technicians; this person turned from a temporary worker to a full-time employee after ten years; and SpaceX's valuation exploded—these three conditions are all essential. Most factories workers spend their whole lives just saving for a pension. But at least it tells us: don't underestimate manual work, and don't think that bottom-tier workers can never benefit from capital appreciation—provided you're in the right place, with the right people, and do your work to perfection.
What do you all think about this? Feel free to discuss in the comments. $SPCX
{future}(SPCXUSDT)