SpaceX is preparing for an initial public offering that would allow current and former employees holding company equity to realize significant gains, according to reporting across outlets. The Wall Street Journal says many staffers—current and former—have equity stakes that are valued in the millions of dollars, and that going public would make it easier for them to access the value of those holdings. The Daily Mail similarly reports that employees could become “overnight” millionaires when SpaceX debuts on Wall Street, framing the potential outcome as tied to the company’s IPO and the large number of workers with equity participation.

Both accounts link employee wealth to the liquidity and tradability that comes with a public market listing, implying that access to share value would be improved compared with private ownership. Neither source provides detailed figures on the total number of employees, the size of the IPO, or the exact valuation used to calculate the stakes in the excerpts provided. Both describe a broad expectation that employee equity could translate into immediate personal financial gains once trading begins.