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SpaceX President: No Mass Cash-Out and Resignation of Employees Expected

2026-06-12 14:47

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

In an interview, Shotwell stated: "There are already many wealthy employees in the company who remain dedicated to their work. Anyone who lacks the will to continue striving was never truly suited to stay with this enterprise."