- After his electric truck startup debuted on the New York Stock Exchange Friday, Thomas Healy became both the youngest CEO of a publicly traded company and one of America’s youngest self-made billionaires.
- Healy has an estimated net worth of $1.6 billion, per a Business Insider analysis.
- In an exclusive interview with Business Insider, Healy shared what it’s like to become a billionaire overnight.
- Regarding major rivals Nikola and Tesla, Healy says ‘all of us are bringing electric vehicles forward. We’re all focused on electrification, but each one of us is taking just a little bit different of a path.’
- Visit Business Insider’s homepage for more stories.
Thomas Healy just had a big week.
Within five days, the 28-year-old mechanical engineer led his electric truck startup, Hyliion, through a shareholder vote and its first day of trading on the public markets, all in the middle of a pandemic. He also led it through a merger with a SPAC, or a special purpose acquisition company, also known as a “blank check” acquisition fund, which is designed to facilitate sudden public listings such as Hyliion’s.
Hyliion, which retrofits class 8 semi-trucks with electric power trains instead of the traditional diesel, debuted on the New York Stock Exchange on Friday. Now that Healy is the youngest CEO of a publicly traded company in the US and among its youngest self-made billionaires, it seems like he can barely believe it himself.
“I think the best word I can use to describe it is surreal,” Healy told Business Insider.
Just hours after Hyliion closed its merger with the SPAC, Tortoise Acquisition, on Thursday afternoon, Healy sat down with Business Insider via Zoom to discuss the IPO, how he plans to outsmart Tesla, and what it feels like to become a billionaire overnight.
Healy is far from