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SpaceX can reportedly block employees from selling shares over “dishonesty.”
Leaked documents viewed by TechCrunch say SpaceX can prevent former or current employees from selling shares during a tender offer if they engaged in “an act of dishonesty against the company” or violated policies.
Since SpaceX is a private company, this could prevent employees from selling their shares until SpaceX goes public — which may not even happen. SpaceX also reserves the right to buy back vested shares six months after an employee leaves the company, TechCrunch reports.
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