SpaceX IPO share allocation: 5% set aside for select insiders with lock-up waivers
SpaceX’s IPO filing reserves 5% of the offered shares for certain employees and individuals selected by its executive officers, exempting them from post-IPO lock-up restrictions. The move comes as the company prepares for a possible record-sized listing, with retail and public-market access framed as a first for investors.
Discovered |