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Story summary
- SpaceX’s IPO valued the company at over $2 trillion, making a 2016 employee with 9,000 options worth at least $1.35 million.
- The same number of options at Blue Origin is now worthless because its 2016 equity required an IPO or sale that never occurred.
- Blue Origin launched a new option plan in April 2026 that adds funding liquidity for employees.
- Blue Origin’s New Glenn rocket exploded on the launch pad last month.
