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SpaceX Insiders Get First Chance to Cash Out, But Stock's Slide Will Limit Their Opportunity

3-line summary

  • Up to 911.5 million SpaceX shares will become available for sale on Thursday, marking insiders' first chance to cash out, according to a MarketWatch report.
  • A separate tranche of up to 455.8 million shares will stay locked up due to the stock's weak performance, according to the report.

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