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SpaceX is private and Elon isn’t exactly known for paying a ton so no?


Actually yes. SpaceX doesn’t pay a ton in salary, but their equity options have been incredibly valuable, so overall compensation has been good. If they’ve been around for a while and have had time for their shares to vest, they’re probably millionaires.

SpaceX is worth a ton of money, and even tho SpaceX is private, they do regular private sales so employees can sell their shares. The early employees in particular have made a LOT of money. Gwynne Shotwell, the President of SpaceX, for instance, is one of the earliest employees and is worth over $600 million now, which is greater than the net worth of Elon when he started SpaceX (including adjusting for inflation). (And she deserves it, too. Absolute rockstar.)

SpaceX really does show that hard work in a startup can pay off handsomely.


That sounds great indeed. Didn’t think of private sales that let you cash out your entire portfolio (or even a large fraction of it) were practiced. Anyone here have an idea of current spacex valuation?


early SpaceX also had a very low salary cap.


I assume they've been given the chance to participate in secondary sales by now. 'Alum' in this case probably does mean 'new money' haha.




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