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[Post 1475] Why SpaceX’s $1.8T IPO Will Create New Millionaires in Texas | WSJ
By Sonicericsg  •  July 5, 2026
Summary Starbase, Texas, is a newly incorporated company town and the headquarters of Elon Musk’s SpaceX. A small army of staff and contractors pour into Starbase every day from neighboring areas, including Brownsville, the biggest city in Texas’s Rio Grande Valley and historically one of the poorest places in the U.S. SpaceX's IPO is expected to be the largest in history, and deliver a valuation of around $1.8 trillion. Many employees at Starbase stand to make small fortunes, injecting immense wealth into a region already straining to accommodate Musk’s grand ambitions. Watch Micah Maidenberg report from Starbase and Brownsville as residents in the region brace for SpaceX’s IPO and the uncertainty from one of the world’s most valuable companies planning to become even bigger....
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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