+1. Cash it all out immediately and park the money somewhere else. |
Exactly. The price (and value) is meaningless until the lockup expires. |
| If it was me id probably cash out half of it and let the rest sit. Worst case im set for retirement. |
How long is that? |
It’s six months but it can be shorter if you want to sell smaller amounts and the stock is doing well— https://finance.yahoo.com/markets/stocks/articles/spacex-lockup-period-know-potential-163000985.html |
Something that didn't happen.
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What kind of person thinks like this? |
| Yay for you Op! Congrats 12 million times over! |
Solid advice |
A person alarmed that there are billionaires and trillionaires in a world in which millions of people die of preventable causes every year. NP |
| My friend’s kid got a job there a few years out of college as an engineer. I assume they are now a multimillionaire?! Wow. |
Sounds like you need to not be an arrogant pig and realize that not everyone has had the same life experiences as you and some things are not in your control. NP. |
You don't get to where Musk is without exploiting workers, rules, regs. He's worth over a trillion when people are homeless and dont have enough to eat. He's a sociopath. Further, he could give back way more than he does now. The fact he doesn't speaks volumes of his morality and humanity. |
+1 What an ignorant prick. |
Except most of that will just be paper millions. By the time they're allowed to sell the stock will be worthless |