SpaceX Moves Up Vesting Schedule for Employee Shares Before IPO
Bloomberg.com • • business
Key Points:
- SpaceX has advanced the vesting date for employee stock options to as soon as next week, moving it from May to April.
- This change is intended to allow employees to sell their shares sooner in anticipation of the company's upcoming IPO.
- The IPO aims to value SpaceX at over $2 trillion, marking one of the largest public offerings in history.
- Accelerating the vesting date is expected to address employee concerns about the availability of shares for sale during the public offering.
