In just 16 days, on August 6th, SpaceX $SPCX will reach a significant post IPO milestone. Investors who acquired shares prior to the IPO will, for the first time, be eligible to monetize a portion of their holdings as the initial lock up restrictions begin to expire. Elon Musk, however, remains subject to a substantially longer lock up period, with his shares restricted from sale for more than another year. The staggered release of insider shares is designed to moderate potential supply shocks while preserving alignment between long term management incentives and shareholder interests. Source: Bloomberg 🌱🇺🇸
Eric Coleman,CFA.Share
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