Elon just created 4,400 millionaires in a single day. 400 of them are now worth over $100 million. These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries. Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000. Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous." The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before. Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.

🥹

🇺🇸 Brian Armstrong just killed the CLARITY Act. AGAIN. Trillions waiting on the sidelines. Institutions ready to deploy capital. One stablecoin yield disagreement. One CEO. One veto. The crypto industry's biggest enemy right now is not the SEC. It's Coinbase.

The two big winners long term will be.. $ETH @ethereum $HYPE @HyperliquidX And $APU is on both Don’t fade the frog we prepared for the long term