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Thu, 06 Aug 2026

Thu, 06 Aug 2026 Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'

Andre Lavoie joined SpaceX in 2009 as an engineer, now he's looking to cash in his shares in the company.

* He plans to sell some of his shares and use the money for personal projects such as renovating a hotel and starting a small brewery.
* Lavoie is not alone, with thousands of employees becoming millionaires due to the listing, which valued SpaceX at over $2 trillion.
* Despite concerns about the company's ties to AI and its huge spending plans, some analysts believe SpaceX has a solid business model that will prove itself in time.
* Ron Epstein, an aerospace analyst, says investors are missing the point by judging SpaceX purely as an AI bet, and that the company has built a significant infrastructure for space travel.
* SpaceX shares have tumbled after the company's first earnings report revealed huge spending plans on AI, but Lavoie remains optimistic about the company's future.