Early SpaceX Employee Discusses Impact of Equity on Financial Freedom
An early SpaceX employee shared how their equity from the company enabled them to pay off student loans, purchase a home, and pursue risky career moves. This personal account highlights the significant financial benefits of early involvement in successful startups.
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I was an early SpaceX employee. My equity helped me pay off student loans, buy a home, and make risky career moves.
Josh Giegel worked at SpaceX from 2009 to 2012. He's now the CEO of Gambit. Josh Giegel Josh Giegel joined SpaceX in 2009 and worked there for 3 years. He says the equity he received has been "liberating." Giegel's SpaceX equity has allowed him to put a down payment on a house and help pay off his wife's student loans. "The equity also allows me to take a lower salary at my startup," Gambit, he said, and that means he can hire more people. This as-told-to essay is based on a conversation wi...
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