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The June 12 initial public offering of SpaceX — formally Space Exploration Technologies Corp.
($SPCX) — has created at least on-paper millionaire status for an estimated more than 4,000 employees spanning job functions from cafeteria workers and contract staff to senior executives, according to reports cited in a commentary by financial writer Carol Roth.
The listing has drawn widespread attention to founder Elon Musk's characterization by commentators as the world's first U.S.-dollar trillionaire.
Roth argues the scale of employee wealth creation, not Musk's personal fortune, represents the IPO's more significant economic outcome.
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