SpaceX Insiders Can Sell 911.5 Million Shares as Stock Sits 49% Below Peak

SpaceX Insiders Can Sell 911.5 Million Shares as Stock Sits 49% Below Peak

911.5 million SpaceX insider shares became sellable August 6 under a gradual 10-month release schedule, not the usual six-month wait. Another 455.8 million unlock only if the stock stays above $175.50 for five of 10 trading days — which it hasn't. Shares sat 49% below their June high and under the $135 offering price.

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