Calling all SpaceX Millionaires!

Anonymous
Anonymous wrote:Can he actually cash any of that out? Or is it just air? I’d cash it before it disappears. It’s overvalued.


+1. Cash it all out immediately and park the money somewhere else.
Anonymous
Anonymous wrote:
Anonymous wrote:Better sell quick, offload that stinker



They probably can’t until the lockup period ends


Exactly. The price (and value) is meaningless until the lockup expires.
Anonymous
If it was me id probably cash out half of it and let the rest sit. Worst case im set for retirement.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Better sell quick, offload that stinker



They probably can’t until the lockup period ends


Exactly. The price (and value) is meaningless until the lockup expires.


How long is that?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Better sell quick, offload that stinker



They probably can’t until the lockup period ends


Exactly. The price (and value) is meaningless until the lockup expires.



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
Anonymous
Anonymous wrote:I would congratulate except musk took the money out of my 401k to enrich himself and you.


Something that didn't happen.
Anonymous
Anonymous wrote:Hoping it crashes and burns.


What kind of person thinks like this?
Anonymous
Yay for you Op! Congrats 12 million times over!
Anonymous
Anonymous wrote:If it was me id probably cash out half of it and let the rest sit. Worst case im set for retirement.


Solid advice
Anonymous
Anonymous wrote:
Anonymous wrote:Hoping it crashes and burns.


What kind of person thinks like this?


A person alarmed that there are billionaires and trillionaires in a world in which millions of people die of preventable causes every year.

NP
Anonymous
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.
Anonymous
Anonymous wrote:
Anonymous wrote:I have zero shares, barely managed this year after my DH had a long term layoff. Eff off.


Sounds like you and DH need to be smarter and adapt better!



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.
Anonymous
Anonymous wrote:
Anonymous wrote:Hoping it crashes and burns.


What kind of person thinks like this?


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.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I have zero shares, barely managed this year after my DH had a long term layoff. Eff off.


Sounds like you and DH need to be smarter and adapt better!



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.


+1

What an ignorant prick.
Anonymous
Anonymous wrote:
Anonymous wrote:Many senior engineers (below leadership level) are clearing $100M. $12M is on the really low end for anyone there since 2021 let alone exec level - are you sure he’s senior leadership?


Even custodians and cafeteria workers at space x had enough stock to become millionaires today.

That news made me smile


Except most of that will just be paper millions. By the time they're allowed to sell the stock will be worthless
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