How stock options made him an overnight millionaire

June 24
9 mins

View Transcript

Episode Description

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?

Connect with The Indicator
— Sign up for The Indicator’s brand new newsletter 
— Buy the Planet Money book 
— Find our socials, YouTube and more!
— For sponsor-free episodes, subscribe to NPR+ 


See 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
See all episodes