SpaceX: Will allow phased unlocking of shares before the 180-day lock-up period expires

Mars Finance news: On May 21, SpaceX stated in its S-1 registration statement filed with the U.S. Securities and Exchange Commission (SEC) that it will allow shares to be unlocked in phases before the 180-day lock-up period expires, with the relevant phases linked to the company’s profitability, the stock price, and timing milestones. On January 13, 2026, the board approved granting Elon Musk 1 billion shares of performance-based Class B common restricted stock. According to today’s report, SpaceX has officially submitted its IPO application, and Musk retains 85.1% of voting rights.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • 11
  • Share
Comment
Add a comment
Add a comment
SilverCubeInsomnia
· 3h ago
Performance shares approved in January 2026, now just disclosed; the timing of information disclosure is precisely scheduled.
View OriginalReply0
GateUser-509018a9
· 3h ago
Staged unlocking plus performance-based incentives—feels like an exit pathway designed for early employees, which is quite humane.
View OriginalReply0
MountainSilhouetteBeforeThe
· 3h ago
From S-1 to the official IPO, how long did SpaceX take to take this step, finally waiting for this day
View OriginalReply0
MorandiLily
· 3h ago
1 billion performance shares, if Lao Ma's wave rockets back and breaks through again, his net worth will take off again.
View OriginalReply0
InvisibleMarketMaker
· 3h ago
85.1% voting rights, after listing it’s still a one-man rule by Ma, retail investors should be mentally prepared
View OriginalReply0
TeaAndSlippage
· 3h ago
The 180-day lock-up period can still be unlocked early; this design is quite flexible.
The performance-based linkage mechanism is a bit interesting.
View OriginalReply0
NarrativeCartographer
· 3h ago
Class B common restricted shares, this equity structure design is quite clever. Experts, come analyze it.
View OriginalReply0
GateUser-e4fb1fbe
· 3h ago
SpaceX is finally going public, Elon Musk's 85% voting rights mean he's going to firmly control the pace.
View OriginalReply0
  • Pinned