🚀 SpaceX could create the next PayPal Mafia
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SpaceX's IPO raised $75B and turned an estimated 4,400 current and former employees into millionaires. For comparison, Google and Facebook each created around 1,000 employee millionaires when they went public.
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That money is already spilling back into startups. At least 147 companies have been founded by former SpaceX employees, and thousands more now have the capital to start companies or write angel checks.
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There is a familiar precedent. Elon Musk launched SpaceX after PayPal sold to eBay for $1.5B. The group that emerged from PayPal later built companies including LinkedIn and Palantir, while also creating Founders Fund.
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SpaceX generated $18.7B in 2025 revenue, up 305% in 3 years. Its IPO may end up doing more than creating liquidity for shareholders. It could seed a new generation of founders and early-stage investors across Silicon Valley.
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🚀 SpaceX could create the next PayPal Mafia ㅤ SpaceX's IPO raised $75B and turned an estimated
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