Comment by HWR_14
12 hours ago
SpaceX is slowly and steadily increasing the float over the first 6 months by having a rolling end to the lockup. The only major cliff will be Elons shares
12 hours ago
SpaceX is slowly and steadily increasing the float over the first 6 months by having a rolling end to the lockup. The only major cliff will be Elons shares
> The only major cliff will be Elons shares
You can’t imagine a scenario where he goes lunatic and does something wild (again)?
Steadily starting about 60 days (Q2 earnings) after the IPO.
Do you really think he would see a large portion of his shares on his unlock date? If so, why? What would he do with the capital?
Off-load some of them when the valuation is _to the moon_ from AI and then later he'll force shareholders and the board to gift him even more shares then he sold.