Katie Martin

@katie0martin.ft.com

#TeamFT, Unhedged pod, E17, gardening, plazzy Scouser. I never give investment advice. Beware scammers impersonating me to sell crypto etc. FT "Free to read" = 300 free clicks. *Stop the pervert glasses*

Eligible pre-IPO investors in SpaceX can sell the first 20% of their stake as of Thursday. SpaceX has a staggered lock-up release schedule to “meter” stock sales but I argue in @alphaville.ft.com this turns the overhang into a prolonged hangover for the stock. No paywall: www.ft.com/content/6a8c...

SpaceX’s staggered lock-up release prolongs the pain

The biggest IPO wanted to avoid a cliff edge of insider selling but now has 12 months of uncertainty

ft.com