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SpaceX Moves Up Vesting Schedule for Employee Shares Before IPO [Yahoo! Finance Canada]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
with the matter, ahead of an IPO targeted to value the company at more than $2 trillion. The company told employees the vesting date — when shares granted as stock options become eligible for sale — would take place in April rather than the expected date in May, the people said. The accelerated vesting is expected to help assuage staffers' concerns over how much stock they have available to sell when the company goes public. The move is another sign that billionaire Elon Musk's rocket, satellite and artificial intelligence company is nearing a public filing for its initial public offering, which would be the biggest of all time if the company achieves its fundraise goal of as much as $75 billion. SpaceX is expected to file publicly later in May for the IPO and to price the week of June 15, people familiar with the matter have said. The vesting schedule change would also happen as Musk works to rebuild xAI, which was acquired by SpaceX earlier this year. The billionaire is cuttin
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