Elon Musk's holdings will face a 366-day lock-up period after SpaceX's IPO.

Mars Finance News, June 3 — According to market sources, if SpaceX completes its initial public offering (IPO), the shares held by CEO Elon Musk will be subject to a 366-day lock-up period, during which he will not be allowed to sell the related shares.
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午休看TVL
· 1h ago
It's fine to lock it for a year, so he doesn't have to tweet every day to manipulate the stock price.
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GateUser-a68e8203
· 3h ago
366 days, is the extra day a tribute to the Martian year?
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SushiAndSlugs
· 3h ago
This lock-up period is much harsher than the usual 180 days; it seems underwriters are afraid he'll dump the market.
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GateUser-af0ea0c9
· 3h ago
Elon Musk: I can't sell, and you can't expect to escape either
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MarginMarmot
· 3h ago
Is SpaceX's IPO finally in the works? Locking in for a year might actually be good for retail investors.
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NightFlightMint
· 3h ago
366 days of locked staking, Lao Ma is this time being held up.
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