SpaceX Insiders Can Finally Sell Shares — Here's What's Happening

Starting August 6, SpaceX employees and early backers can sell 911.5 million shares for the first time — worth over $100 billion. These were frozen after the company went public. Another 455.8 million shares stay frozen for now. SpaceX itself is offering to buy some at $97 each, soaking up part of the flood.