A single SpaceX engineer turned two dollars into millions

Finance
A single SpaceX engineer turned two dollars into millions

By holding onto early shares valued at less than two dollars, one engineer saw his stake grow to over 28 million dollars.

In the early days of SpaceX, when the company was an unproven startup, employees often received stock options as part of their compensation. One engineer, Guy Andre Lavoie, held onto his shares from a time when they were valued at less than 2 dollars each. Through years of growth and stock splits, that patient strategy transformed his modest holdings into a fortune worth more than 28 million dollars.

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