How stock options made him an overnight millionaire | The Indicator

How stock options made him an overnight millionaire | The Indicator

In 2019, Juan Hernandez was laid off from SpaceX. Luckily, he still had the opportunity to buy $50K - $60K of the company’s stock and, years later, it’s safe to say the risk was worth it. Today on the show, how stock options built California as a tech hub. Fact-checking by Emma Ferrara.  Your Next Listen  — Do traders who make big bets make big money? (https://lnk.to/qalv4mWE) Connect with The Indicator — Sign up for The Indicator’s brand new newsletter (https://npr.org/indicatornewsletter)   — Buy the Planet Money book (https://lnk.to/i3AukBdDWE)   — Find our socials, YouTube and more (https://linktr.ee/indicator_npr) ! — For sponsor-free episodes, subscribe to NPR+ (https://plus.npr.org/)   See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)