SpaceX sets aside 5% IPO shares for employees and friends

SpaceX allocates up to 5% of its IPO shares for a direct share program. The shares are reserved for certain employees and friends of the company. The offering includes a specific allocation mechanism in the IPO prospectus. This structure allows selected individuals to participate in equity ownership. The move reflects a commitment to employee incentives and long-term alignment. The program is detailed in the official IPO prospectus.