SpaceX Reveals Details on Insider Share Allocation for Upcoming IPO
SpaceX has disclosed plans to allocate up to 5% of its IPO shares through a special directed share program, reserved for employees and friends/family members of executives. The company also noted that these participants will not face traditional lock-up restrictions, while over 60% of existing shares remain locked up.
Tickers: $SPCX
Topics: directed share program IPO lock-up restrictions share allocation