CNBC
US · 4 hrs ago
✦ 78✓ Factual
SpaceX sets aside up to 5% of shares in IPO for certain employees and friends
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Low partisan intensity — consistent with factual reporting✓ Fair headline
SpaceX has announced plans to reserve up to 5% of shares in its upcoming IPO through a direct share program accessible to certain employees and associates, according to updated IPO filings.
SpaceX sets aside up to 5% of shares in IPO for certain employees and friends
In an updated IPO prospectus, SpaceX said that up to 5% of stock being offered by the company in the offering will be available in a direct share program.
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