The New York Times·2 min read·medium
SpaceX’s Stock Lockup Is Expiring. Prepare for a Bumpy Ride.
✦AI Summary
SpaceX is approaching the expiration of its first stock lockup period, allowing employees and insiders to trade shares for the first time. This transition is expected to introduce significant volatility to the company's valuation.
The shackles are soon coming off SpaceX’s stock. On Thursday, the first “lockup” on shares of Elon Musk’s rocket company is set to expire, which means employees and other company insiders who were prevented from trading the stock after SpaceX’s initi... [2216 chars]
businesstechnology
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