◆ NeutralSPCX

SpaceX's Fleecing of Retail Investors Continues: Up to $51 Billion in Insider Shares Unlock Today, Oct. 9

The Motley Fool·
SpaceX's Fleecing of Retail Investors Continues: Up to $51 Billion in Insider Shares Unlock Today, Oct. 9

SpaceX's unconventional accelerated share lockup schedule combined with historically low float is creating a perfect storm for retail investor losses. On October 9, approximately 319 million early-release-eligible insider shares worth nearly $51 billion become available for sale, marking the 120th calendar day since the company's record-setting $85.7 billion IPO in June. The combination of staggered insider unlocks and passive fund buying pressure threatens significant wealth transfer from retail investors to company insiders.

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