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SpaceX President: No Mass Exodus of Employees Cashing Out After Listing

2026-06-12 14:47

Odaily News According to Zhitong Finance, this IPO has brought wealth to many SpaceX employees, with some making significant profits and others earning a substantial windfall. Even before the IPO price was set at $135 per share, employees already held large amounts of company stock at low prices. However, SpaceX President Gwynne Shotwell does not believe that a large number of employees will cash out and leave after seeing their listing gains in their securities accounts. 

In the interview, Shotwell stated: "There are already many wealthy employees in the company, and they remain at their posts. Anyone who did not have the will to keep striving was probably not meant to stay with this company in the first place."