SpaceX is set to IPO on Friday; subscription demand was roughly four times the offering, with total orders topping $250 bln, well above the company’s $75 bln planned raise. The company has about 22,000 employees and hundreds of former staff, including engineers and launch‑site blue‑collar workers. San Francisco investment platform Hill.com estimates more than 4,400 current and former employees could become millionaires from the IPO, with roughly 400 projected to realize $100m or more each. Hill.

SpaceX is set to IPO on Friday; subscription demand was roughly four times the offering, with total orders topping $250 bln, well above the company’s $75 bln planned raise. The company has about 22,000 employees and hundreds of former staff, including engineers and launch‑site blue‑collar workers. San Francisco investment platform Hill.com estimates more than 4,400 current and former employees could become millionaires from the IPO, with roughly 400 projected to realize $100m or more each. Hill.com founder and CEO Andrew Benson said it is unusual for an IPO to create this many $100m employees, noting most IPOs typically leave billion‑aire outcomes to founders.