SpaceX IPO set to mint 4,000 millionaires, spark South Texas housing surge

Real Estate

SpaceX will debut on the Nasdaq on Friday under the ticker SPCX, in what is expected to be the largest initial public offering in Wall Street history, targeting a $135 share price and a valuation of nearly $1.8 trillion. According to some estimates, the IPO will create 4,000 new millionaires among SpaceX employees, from engineers to cafeteria workers, who hold employee stock options as part of their compensation. In the small town of  Brownsville, TX , near  SpaceX headquarters , real estate

Tag-uri: Real Estate

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