Home > Quick > Body

SpaceX IPO Wealth Could Buy 40% of San Antonio Homes, Redfin Estimates

clock
2026-06-12 13:33:32
A Redfin report estimated that wealth created through a SpaceX IPO, if pooled by current and former employees, could be enough to buy about 40% of homes in San Antonio.

According to Jin10, the report described San Antonio as the nearest major U.S. metropolitan area to the company’s Starbase headquarters in Texas.

Redfin also outlined other hypothetical scenarios, estimating the same pooled funds could buy about 15% of homes in Houston, one of the country’s largest housing markets, or all homes in McAllen, Texas.

The report added that McAllen is much smaller than other markets but is about 80 miles from Starbase, and said employees would still have roughly $74 billion remaining after purchasing all homes there.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.