Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund
SpaceX occasionally permits employees to sell shares to authorized investors, with a recent tender offer occurring in May 2022, as revealed by an internal document.
MAIN POINTS
- SpaceX allows employees to sell shares to company-authorized investors.
- An internal document detailed a tender offer from May 2022.
- Elon Musk mentioned on X about regular employee share sales.
- The information was reported by TechCrunch.
TAKEAWAYS
- Employee share sales provide liquidity without going public.
- Internal documents offer insight into SpaceX's financial practices.
- Regular tender offers can boost employee morale and retention.
- TechCrunch remains a source for insider tech industry news.