SPACEX RESERVES 5% OF IPO SHARES FOR INSIDERS SpaceX will allocate up to 5% of its IPO shares to employees and executives’ friends and fami…
SPACEX RESERVES 5% OF IPO SHARES FOR INSIDERS
SpaceX will allocate up to 5% of its IPO shares to employees and executives’ friends and family, according to an updated filing.
Unlike most IPO investors, participants won’t face lock-up restrictions. Meanwhile, over 60% of shares—including Elon Musk’s—will remain locked after listing.
The company is targeting a valuation of at least $1.8 trillion, with earlier estimates above $2 trillion.
More from Walter Bloomberg
- Wed, 03 Jun 2026 11:24:32 GMTBITCOIN HIT BY GEOPOLITICS AND RATE FEARS Bitcoin remains under pressure as U.S.-Iran tensions escalate following an exchange of strikes. S…
- Wed, 03 Jun 2026 11:22:32 GMTOPENAI’S SAM ALTMAN WILL BE ATTENDING G7 CONFERENCE IN FRANCE LATER THIS MONTH AFTER INVITATION FROM FRENCH PRESIDENT EMMANUEL MACRON- CNBC
- Wed, 03 Jun 2026 10:52:32 GMTTRUMP: VANCE AND RUBIO RUNNING TOGETHER AS A TEAM WOULD BE UNBEATABLE
- Wed, 03 Jun 2026 10:30:30 GMTTRUMP ON IRAN: WE DONT NEED BOOTS ON THE GROUND NOW
- Wed, 03 Jun 2026 10:20:08 GMTTRUMP ACKNOWLEDGES SPEAKING TO NETANYAHU IN ANGRY TERMS
- Wed, 03 Jun 2026 10:18:30 GMTTRUMP: IRAN'S AYATOLLAH IS INVOLVED IN NEGOTIATIONS WITH U.S.
- Wed, 03 Jun 2026 10:18:30 GMTTRUMP SAYS HE WAS DISTURBED AT ISRAEL'S NETANYAHU CONSTANTLY FIGHTING WITH LEBANON
- Wed, 03 Jun 2026 10:18:29 GMTTRUMP: HAVE A GOOD RELATIONSHIP WITH NETANYAHU