Elon Musk’s company SpaceX made a great debut in the stock market Nasdaq on Friday. The company’s shares opened at $150, which was about 11% more than its IPO price of $135. Listed on the stock exchange and its total value reached about 2.2 trillion dollars. After this listing, there has been a huge increase in the wealth of Elon Musk. Musk became the first person in the world whose net worth exceeded $1 trillion. This IPO Not only the investors, but also the three Indian-origin engineers working in Elon Musk’s AI company xAI can get the benefit. These include Devendra Chaplot, Aman Madan and Aditya Gupta.
These three engineers were given big responsibilities in xAI in April 2026. They are handling important tasks like creating the company’s AI models, training them and improving them for real-world use. According to media reports, Devendra Chaplot has studied from IIT Bombay and is now leading the initial training of AI models at xAI. Aman Madan is responsible for the tools and infrastructure required to create AI models. Aditya Gupta is looking after the work of converting AI models into real products and improving them. Before this he has also worked on Google Bard and Google Assistant.
Employees get company shares
elon musk Apart from salary, companies also give company shares to their employees. This is called equity or stock based payment. Since these three now hold senior positions, they are likely to have a good amount of shares in the company. This year SpaceX acquired xAI. After this, the shares of xAI employees were converted into SpaceX shares. That means now they hold stakes in the world’s most popular tech and space companies.
Engineers will get this benefit
If the value of SpaceX increases further in future, then the price of these shares may also increase manifold. In such a situation, senior engineers like Devendra, Aman and Aditya can become owners of property worth crores or billions of rupees. SpaceX has previously been giving employees the opportunity to sell their shares through private deals. Therefore, it is not necessary for employees to wait for IPO to earn profit. With the increasing valuation of the company, the price of its shares also keeps increasing.
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