The Indicator from Planet Money

How stock options made him an overnight millionaire


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In 2019, Juan Hernandez was laid off from SpaceX. Luckily, he still had the opportunity to buy $50K - $60K of the company’s stock and, years later, it’s safe to say the risk was worth it. Today on the show, how stock options built California as a tech hub.

Fact-checking by Emma Ferrara. 

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Do traders who make big bets make big money?

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