{"id":18341,"date":"2026-06-08T09:15:37","date_gmt":"2026-06-08T03:45:37","guid":{"rendered":"https:\/\/banitoday.com\/spacex-ipo-could-turn-a-27-year-old-recovery-boat-engineer-into-a-millionaire-overnight-meet-the-worker-who-invested-10-of-every-pay-cheque-world-news\/"},"modified":"2026-06-08T09:15:37","modified_gmt":"2026-06-08T03:45:37","slug":"spacex-ipo-could-turn-a-27-year-old-recovery-boat-engineer-into-a-millionaire-overnight-meet-the-worker-who-invested-10-of-every-pay-cheque-world-news","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/spacex-ipo-could-turn-a-27-year-old-recovery-boat-engineer-into-a-millionaire-overnight-meet-the-worker-who-invested-10-of-every-pay-cheque-world-news\/","title":{"rendered":"SpaceX IPO could turn a 27-year-old recovery boat engineer into a millionaire overnight: Meet the worker who invested 10% of every pay cheque | World News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-131577578,imgsize-606658,width-400,height-225,resizemode-4\/spacex-ipo-could-turn-a-27-year-old-recovery-boat-engineer-into-a-millionaire-overnight-meet-the-worker-who-invested-10-of-every-pay-cheque.jpg\" alt=\"SpaceX IPO could turn a 27-year-old recovery boat engineer into a millionaire overnight: Meet the worker who invested 10% of every pay cheque\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>For most people working at sea, stock ownership is rarely part of the job. For 27-year-old Maryellyn Musselman, it could be life-changing. The former engineering officer spent two years aboard a SpaceX recovery vessel off Florida&#8217;s coast.<!-- --> During that time, she quietly built a stake in <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/elon-musk\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">Elon Musk<\/a>&#8216;s space company. Along with shares received through her compensation package, she invested 10% of every pay cheque into additional <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/spacex\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">SpaceX<\/a> stock. Now, as SpaceX prepares for its highly anticipated IPO, those investments could potentially make her a millionaire overnight.<span class=\"id-r-component br\" data-pos=\"8\"\/><\/p>\n<p><h2>The investment habit that could turn a SpaceX boat worker into a millionaire<\/h2>\n<\/p>\n<p> <span class=\"id-r-component br\" data-pos=\"11\"\/>Musselman joined SpaceX in 2022 and worked aboard one of the company&#8217;s recovery vessels. These specialised ships help retrieve rocket hardware and support launch operations at sea.<span class=\"id-r-component br\" data-pos=\"15\"\/>Unlike engineers at company headquarters, recovery vessel crews work far from the spotlight. Their role is still critical. SpaceX&#8217;s reusable rocket programme depends on successful recovery operations. That system has helped the company dominate the commercial launch market.<span class=\"id-r-component br\" data-pos=\"17\"\/>Her position also came with an unusual benefit. SpaceX offered equity alongside salary, giving employees a chance to share in the company&#8217;s growth.<span class=\"id-r-component br\" data-pos=\"20\"\/>Many workers sell company shares when they get the chance. Musselman chose a different path. She invested 10% of every pay cheque into additional SpaceX stock.<span class=\"id-r-component br\" data-pos=\"22\"\/>There was no complicated strategy. She simply kept buying shares and held onto them.<span class=\"id-r-component br\" data-pos=\"24\"\/>That patience may now be paying off. SpaceX&#8217;s valuation has climbed sharply in recent years. Growth in launch services, government contracts and the Starlink satellite network has pushed the company to new heights.<span class=\"id-r-component br\" data-pos=\"27\"\/><\/p>\n<p><h2>SpaceX&#8217;s biggest moment yet<\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"30\"\/>SpaceX is expected to begin trading publicly on 12 June. It is one of the most anticipated stock market debuts in history.<span class=\"id-r-component br\" data-pos=\"32\"\/>The company is reportedly seeking a valuation close to $1.8 trillion. That would place it among the world&#8217;s most valuable businesses.<span class=\"id-r-component br\" data-pos=\"34\"\/>For employees who acquired shares years ago, the numbers are staggering. Stock obtained when the company was worth far less could now be worth many times its original value.<span class=\"id-r-component br\" data-pos=\"37\"\/><\/p>\n<p><h2>Thousands of workers may benefit<\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"39\"\/>Musselman&#8217;s story is only one example.<span class=\"id-r-component br\" data-pos=\"41\"\/>Reports suggest thousands of current and former SpaceX employees hold company shares. They include engineers, technicians, welders, vessel crews and support staff.<span class=\"id-r-component br\" data-pos=\"43\"\/>Many joined long before the company&#8217;s valuation soared. As SpaceX grew from an ambitious private venture into a global aerospace giant, employee holdings grew with it.<span class=\"id-r-component br\" data-pos=\"45\"\/>The result could be a significant wealth boost for workers across the company.<span class=\"id-r-component br\" data-pos=\"48\"\/><\/p>\n<p><h2>A future beyond SpaceX<\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"50\"\/>Despite the prospect of sudden wealth, Musselman appears focused on a practical goal. She hopes to use the money to start her own repair business in Chesapeake, Virginia.<span class=\"id-r-component br\" data-pos=\"52\"\/>The ambition reflects the same mindset behind her investment strategy. She saved consistently and stayed patient.<span class=\"id-r-component br\" data-pos=\"54\"\/>Whether she becomes a millionaire will depend on the value of her holdings and future share performance. Even so, her story shows how employee ownership and disciplined investing can create extraordinary opportunities.<span class=\"id-r-component br\" data-pos=\"57\"\/>The most remarkable part of Musselman&#8217;s journey is her role. She was not a senior executive or a high-profile aerospace engineer. She worked aboard a recovery boat helping retrieve rocket hardware from the ocean.<span class=\"id-r-component br\" data-pos=\"59\"\/>Yet she may soon join the growing list of workers whose fortunes have been transformed by SpaceX&#8217;s success.<span class=\"id-r-component br\" data-pos=\"61\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/world\/us\/spacex-ipo-could-turn-a-27-year-old-recovery-boat-engineer-into-a-millionaire-overnight-meet-the-worker-who-invested-10-of-every-pay-cheque\/articleshow\/131577520.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For most people working at sea, stock ownership is rarely part of the job. For 27-year-old Maryellyn Musselman, it could be life-changing. The former engineering officer spent two years aboard a SpaceX recovery vessel off Florida&#8217;s coast. During that time, she quietly built a stake in Elon Musk&#8216;s space company. Along with shares received through [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[299],"tags":[],"class_list":["post-18341","post","type-post","status-publish","format-standard","has-post-thumbnail","category-latest-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/18341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=18341"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/18341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/18342"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=18341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=18341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=18341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}