Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund

Quick Summary:

Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to company-authorized outside investors.

TechCrunch has gotten a peek at an internal SpaceX document about such a tender offer from May 2022.

Aliya Capital Partners is associated with Aliya Growth Fund, which was authorized to buy just over 1.4 million shares for nearly $100 million.

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Article Details

Author / Journalist: Aria Alamalhodaei

Category: Technology

Markets: United StatesIndia

Topics: Space TC Fundraising

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-19 @ 18:11:41 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 2354 words

Reading Time: 14 minutes read

Sentences: 104 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21314906

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