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SpaceX Employees Could Buy 2 in 5 San Antonio Homes With Their IPO Windfall

$RKTPress releaseJun 12, 2026, 8:00 AM ETRead the release

Redfin, a subsidiary of Rocket Companies, published a report analyzing the hypothetical housing market impact of SpaceX’s upcoming IPO. The report estimates SpaceX employees could generate $120 billion in post-tax wealth, enough to buy 40% of homes in San Antonio or 5% in Los Angeles.

Key figures

La housing value
$2.2 trillion
Spacex valuation
$1.77 trillion
Spacex ipo proceeds
$75 billion
Houston housing value
$801 billion
Mcallen housing value
$46 billion
San antonio housing value
$297 billion
Spacex employee equity midpoint
$200 billion
Spacex employee post tax wealth
$120 billion

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.