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Bloomberg: SpaceX IPO Pricing Expected During Week of June 15, Accelerates Employee Stock Vesting Date

On April 17, Bloomberg reported that SpaceX is expected to publicly submit its IPO application in late May and price the IPO during the week of June 15. If the company achieves its financing goal of approximately $75 billion, it will become the largest IPO in history. Additionally, sources indicate that SpaceX has accelerated the vesting date for employee stock grants, which could take effect as early as next week. This early vesting is expected to alleviate employee concerns regarding the number of shares they can sell upon the company's public listing. SpaceX has informed employees that the vesting date for shares granted through stock options will be moved up from the originally anticipated May to April.

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