SpaceX President: No mass exodus of employees expected after cashing out
2026-06-12 14:47
Odaily Odaily reports, according to Zhitong Finance, that this IPO has brought wealth to many SpaceX employees, with some making significant profits and others earning substantial sums. Employees had already held large amounts of company stock at low prices long before the IPO price was set at $135 per share. However, SpaceX President Gwynne Shotwell does not believe that a large number of employees will cash out and leave after seeing the IPO gains in their securities accounts.
Shotwell stated in an interview: "There are already many wealthy employees in the company who have remained committed to their work. Anyone who lacks the will to keep striving was probably never a good fit for this company in the first place."
