ChipsFortuneabout 3 hours ago
SpaceX IPO wealth faces lockup, tax hurdles
5 min read
SpaceX shares priced at $135 on June 12, peaked at $225.64, and now trade below $110, erasing over $1 trillion in market value. Staggered lockups, including Elon Musk's restrictions until June 2027, delay employee sales. Tax strategies like QSBS exclusion and GRATs can preserve wealth.
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