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Home›ETFs & Funds›ETFs›SpaceX insider shares open for sale, but part remains…

SpaceX insider shares open for sale, but part remains locked

Up to 911.5 million shares can be sold starting Thursday, while as many as 455.8 million shares stay locked due to the stock’s weak performance, according to MarketWatch.

Reported · Written up by our desk · ETFs

MarketWatch reports that up to 911.5 million SpaceX shares are set to become available for sale starting Thursday.

The outlet said an additional tranche of up to 455.8 million shares will remain locked up because of the stock’s weak performance, limiting how much insiders can cash out immediately.

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Sources

MarketWatchSpaceX insiders get their first chance to cash out , but the stock’s slide will limit their opportunity
MarketWatchSpaceX insiders get their first chance to cash out , but the stock’s slide will limit their opportunity

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