Bankers advising SpaceX are considering allowing insiders to gradually sell
shares before the standard 180-day lock-up expires to reduce potential post-IPO
selling pressure. At a $2 trillion valuation, the IPO could raise up to $75
billion, with less than 5% of stock floated. Elon Musk holds about 40%. Liz
Hoffman of Semafor notes lock-up expirations often trigger declines, a risk
enhanced by long-held investor gains.
