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via BeInCrypto · By BeInCrypto Editorial

Elon Musk Can’t Sell SpaceX Shares for a Year But Others Can Dump on Day 1

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BeInCrypto Editorial
(05:51 AM UTC)
1 min read
DK
Reviewed byDavid Kim
1492 views
0 comments

SpaceX is listed on Nasdaq on Thursday, June 11, at $135 a share, the largest IPO in history. Elon Musk cannot sell a single share for a year, but the investors his team personally selected to participate in the offering can sell immediately.

SpaceX reserved 5 per cent of the offering for a direct share program (DSP), with participants chosen “at the discretion of executive officers,” who carry…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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BeInCrypto Editorial · BeInCrypto

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