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Technology@lemmy.worldEnglish · 8 months ago

Leaked SpaceX documents show company forbids employees to sell stock if it deems they've misbehaved

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Leaked SpaceX documents show company forbids employees to sell stock if it deems they've misbehaved

ylai@lemmy.ml to

Technology@lemmy.worldEnglish · 8 months ago

cross-posted to:
enoughmuskspam@lemmy.world

Leaked SpaceX documents show company forbids employees to sell stock if it deems they've misbehaved | TechCrunch

SpaceX requires employees to agree to some unusual terms related to their stock awards, which have a chilling effect on staff, according to sources and internal documents viewed by TechCrunch.

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8 months ago
It’s private equity. So presumably they have more discretion around buy backs than public stocks.

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