SpaceX President: No Mass Exodus of Employees Cashing Out After Listing
2026-06-12 14:47
Odaily reported that, according to Zhitong Finance, this IPO has brought significant wealth to many SpaceX employees, with some reaping substantial profits and others striking it rich. Before the IPO price was set at $135 per share, employees had already acquired a large number of company shares at low prices. However, SpaceX President Gwynne Shotwell does not believe that a large number of employees will cash out and leave the company after seeing the IPO gains in their securities accounts.
In an interview, Shotwell stated, "There are already many affluent employees in the company who remain committed to their work. Anyone who is no longer willing to continue striving probably wasn't a good fit for this enterprise in the first place."
