This Is the Single Most Important Number in the SpaceX S-1

While Wall Street focused on SpaceX's modest revenue and operating losses during its IPO, the most important detail is Elon Musk's 366-day lockup agreement—stricter than other insiders' staggered releases. This extended restriction signals strong management alignment with long-term shareholder value, as Musk's economic interests make a sudden large-scale stock sale unlikely even after the lockup expires.