SpaceX's first employee says historic $1.7T IPO will be 'life-changing' for thousands of workers

Elon Musk by Daniel Oberhaus is licensed under Creative Commons
SpaceX’s first employee, Tom Mueller, said the company’s record-breaking IPO will be a "life-changing" moment for employees during an exclusive interview with "The Claman Countdown" on Thursday.

SpaceX will start trading on the NASDAQ on Friday in the largest IPO in history. The IPO is expected to be priced at $135 per share and aims to raise $75 billion, valuing the company at $1.77 trillion.

"Elon always said that ‘Your salary is one thing, but it's the equity that's gonna be worth something.' And we are all like, ‘Yeah, okay someday," Mueller said. "That day is here. It's great."

SpaceX will trade under the ticker symbol SPCX, and its employees could become millionaires based on their access to stock options.

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