According to a very intriguing article at Business Insider today, the stock options offered to employees at SpaceX and Blue Origin were starkly different, with SpaceX’s options making millions for its workers while Blue Origin’s were essentially worthless.

Three ex-employees of Jeff Bezos’ rocket maker Blue Origin told Business Insider that the company’s unusual approach to equity left them with stock options that are essentially worthless.

Meanwhile, they’ve watched SpaceX’s dizzying rise to a $2 trillion-plus valuation provide a massive windfall for early hires — from engineers to welders to cafeteria workers — who received stock options during their time at Elon Musk’s company.

Blue Origin’s options were written so that they only could be cashed in if the company went public within ten years. As Bezos has shown zero interest in going public — which would take away his full ownership and control of the company — those options have been steadily expiring as they reach their ten year due date.

At SpaceX however the employee stock options could always be cashed in, even before the company went public. Employees, both current and former, were allowed to sell their stock back to SpaceX or to its investors in private liquidity events that usually occurred twice each year. After the IPO they could now sell the stock on the open market, at the going rate.

The difference is possibly one additional reason the accomplishments of the two companies have been so starkly dissimilar/ SpaceX made sure its employees got a pay off for the long hours it demanded. Blue Origin did not.