Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund | TechCrunch
News Source : TechCrunch
News Summary
- Investors paid $70 per share to employees in May 2022
- That's an enormous bargain compared to the share prices investors pay when investing in primary rounds — where the company sells the shares directly to raise capital
- In February 2022, SpaceX did a 10-for-1 stock split of its Class A, B, and C common shares
Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to companyauthorized outside investors.TechCrunch has gotten a peek at an intern [+10295 chars]
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