SEC filing: SpaceX will reserve up to 5% of its Class A shares for select employees and executives' friends and family; 60%+ of shares have an extended lock-up
SpaceX will reserve up to 5% of shares in its upcoming initial public offering for certain employees and friends and family …
Bloomberg Charles Capel
Related Coverage
- A SpaceX-Tesla merger would be valued at $3.4 trillion — and still not make a dime Fortune · Jim Edwards
- SpaceX IPO Sparks ‘Fandom Listing’ Controversy Over Retail, ETF Concentration Seoul Economic Daily · Park Si-Jin
- Why Tesla investors could worry? Motley Fool · Lawrence Nga
- SpaceX IPO Update: New Filing Reveals Friends & Family Share Allocation, Anthropic AI Deal, And Water Risk ZeroHedge News · Tyler Durden
- SpaceX reserves 5% of IPO shares for staff and insiders Yahoo Finance · Colleen Cabili
- Anthropic Makes Confidential IPO Filing The Information · Sri Muppidi
- Just-In: Elon Musk's SpaceX Reserves 5% of Shares For Insiders In New IPO Filing CoinGape · Kritika Mehta
- SpaceX says it will reserve 5% of its IPO shares for staff, friends and family Dow Jones Newswires · William Gavin
- Water access is now a risk factor in SpaceX's IPO TechCrunch · Sean O'Kane
- SpaceX sets aside up to 5% of shares in IPO for certain employees and friends CNBC · Lora Kolodny
- SpaceX adds quiet IPO warning as $1.8T listing nears crypto.news · Irene Mukiri
- SpaceX sets aside 5% of IPO shares for selected buyers, waives lock-up Reuters · Akash Sriram
Discussion
-
@ericbalchunas
Eric Balchunas
on x
I've had multiple ppl suggest an S&P ex-SpaceX. Given there are two dozen SpaceX ETFs so far i'm surprised we haven't seen. That said, I bet it would flop. Most of the SpaceX angst is a tiny minority of terminally online ppl. Second, they tried an SPX ex-tech and no one cared.
-
@egrefen
Edward Grefenstette
on x
SpaceX being rammed into indices with no profit requirements, seasoning, and generally looser constraints is economic terrorism. Index trackers will eat the loss when reality catches up and retail investors will suffer.
-
@nickmmark
Nick Mark MD
on x
I said it before and I'll say it again: If an ETF offers to do the S&P 500 or Nasdaq 100 *without* the rapid inclusion of SPCX they get my money.
-
@aridavidpaul
Ari Paul
on x
Amazing. Pensions forced to buy Space X IPO en masse even if it's unprofitable. Impressive coup by Musk.
-
@hedgeye
@hedgeye
on x
Rule changes for the SpaceX $SPCX IPO: Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5. This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations. Bloomberg Intelligence estimates S&P