Quartz·1 min read·medium
SpaceX's first post-IPO lockup expires today — but the stock's slide is costing insiders a bigger window
✦AI Summary
SpaceX's initial post-IPO lockup period for shares has expired, allowing for a massive release of stock. However, a significant portion of shares remains frozen because the current market price is below the original IPO price.
Up to 911.5 million SpaceX shares unlock Thursday, but a separate tranche stays frozen because the stock is below its $135 IPO price
businesseconomy
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