×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
14
Nov 2026
weather symbol
Athens 24°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> World

Former SpaceX employee went from earning $28 an hour to becoming a millionaire

SpaceX’s historic debut on Wall Street sent the company’s valuation soaring, turning employee stock holdings into fortunes and making a former welder a millionaire

Newsroom June 15 06:37

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Last Friday (June 12), Elon Musk’s SpaceX made history by recording the largest stock-market jump ever, rising 19% and reaching a market capitalization of nearly $2.1 trillion.

The company, founded by Musk in 2002, thus made its Wall Street debut. “If someone had told me this was going to happen, I would have thought: What madness!” Musk said.

From Ordinary Employee to Millionaire

Things were not always easy, however. In its early days, the company—which specializes in launching space rockets with the long-term goal of colonizing Mars—began looking for workers to help build its vision. Juan Hernández, a welder, was one of them.

In an interview with CBS, Hernández said that before joining SpaceX he knew almost nothing about the company: “It was just another contract job.” Although he no longer works there and is now employed at Blue Origin, Jeff Bezos’s company and a direct competitor to SpaceX, he still owns about 6,500 SpaceX shares. With the stock closing at $160.95 per share, his holdings are worth more than $1 million.

An Unexpected Stroke of Luck

The opportunity came about through pure luck. A friend who already worked at the company encouraged him to apply.

“I thought to myself, ‘I don’t know what SpaceX is, but let’s go for it.’”

When he was hired, he was granted stock worth about $10,000, something he did not pay much attention to at the time.

“It wasn’t a big deal. I didn’t know anything about it then. I never imagined it would become so significant.”

During his ten years at SpaceX, he progressed from working as a welder—building structures used to lift rockets onto launch platforms—to becoming a supervisor. He explains that offering shares to employees encourages them to feel they have something at stake:

>Related articles

From 9/11 to the 2026 blackout: a history of major US aviation crises

Flights from Europe to the US suspended following FAA request

US flight chaos live: US airspace reopens after 4.5-hour shutdown as outdated system buckles under new upgrades – chaos continues, thousands stranded

“Their performance will be much better because, in the end, it’s their company too.”

Hernández is grateful for that gesture from Elon Musk’s company, without which his life would not have changed so dramatically:

“He made it possible for people like us—the cook, the electrician. It greatly improves the lives of all these people and gives more meaning to their families’ lives as well,” he concluded.

Ask me anything

Explore related questions

#Elon Musk#millionaire#Space X#stocks#trillionaire#world
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Why the EU wants citizens to stock up on 72-HR supplies: EC explains new emergency preparedness guidelines

November 14, 2026

US airspace reopens but chaos continues at airports, with thousands of passengers stranded amid cancellations and delays

November 14, 2026

Microsoft’s outage sent the world back decades: Fax machines, landlines and handwritten prescriptions

November 14, 2026

Two oil tankers engulfed in flames in Strait of Hormuz after hitting mines, Iran’s Revolutionary Guards say

November 14, 2026

Miracle on the Mississippi”: Cruise ship capsizes after tanker collision in New Orleans, all 180 aboard rescued

November 14, 2026

From 9/11 to the 2026 blackout: a history of major US aviation crises

November 14, 2026

Flights from Europe to the US suspended following FAA request

November 14, 2026

US flight chaos live: US airspace reopens after 4.5-hour shutdown as outdated system buckles under new upgrades – chaos continues, thousands stranded

November 14, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα