# LA Millionaires Boost Dining Boom

> El Segundo’s overnight millionaires fuel upscale dining surge after SpaceX IPO.
- Title: LA Millionaires Boost Dining Boom · California Post | Shortify
- Summary: El Segundo’s overnight millionaires fuel upscale dining surge after SpaceX IPO. El Segundo’s new restaurants and wine bars attract wealthy residents…
- Keywords: el segundo, space x, spacex, ezpz, blum, jame enoteca, jaimetaqueria, vinoteca, natural wine, la dining, news, entertainment
- Source: California Post — https://nypost.com/2026/10/20/lifestyle/surge-in-millionaires-sparks-upscale-dining-boom-in-la-neighborhood
- Published: 2026-10-20T18:32:51+00:00
- Read time: 1 min
- Topics: el segundo, space x, spacex, ezpz, blum, jame enoteca, jaimetaqueria, vinoteca, natural wine, la dining, news, entertainment
## El Segundo’s Overnight Millionaire Surge
El Segundo, a sleepy South Bay city with 17,000 residents, is experiencing a culinary renaissance after SpaceX’s IPO created thousands of overnight millionaires.
## SpaceX IPO Creates 4,000 Millionaires
SpaceX’s historic June stock market debut reportedly created an estimated 4,000 new millionaires among current and former employees, many with local ties.
## EZPZ Pizza Opens in El Segundo
EZPZ, a Brooklyn-inspired pizza joint opened in June, serves pies with premium California ingredients and organic soft-serve ice cream.
## Blum Adds Natural Wine Bar
Blum, a wine and floral shop, now features Vinoteca, a natural wine bar serving thoughtfully selected wines and elevated bites.
## Local Restaurants Thrive
Restaurateurs in El Segundo report soaring business, with new spots like Barsha, Unico, and HomeState opening to attract wealthy residents.
## Mayor Supports Local Business
Mayor Chris Pimentel says El Segundo reduces friction for small businesses, helping the city become LA’s best-kept secret for dining.
## Key takeaway

El Segundo’s new restaurants and wine bars attract wealthy residents following SpaceX’s IPO that created 4,000 overnight millionaires.