BBC News·3 min read·medium
Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'
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✦AI Summary
Following SpaceX's massive IPO on the Nasdaq, thousands of employees have seen their stock options reach significant valuations. Some long-term staff are choosing to sell their shares to diversify their wealth, while the company's market cap briefly surpassed $2 trillion.
Image source, Andre Lavoie By Nathalie Jimenez and Samira Hussain , Business reporter & North America business correspondent Published 14 minutes ago Andre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. He was paid partly in stock - a common trade-off at start-ups as a hiring incentive.
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