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SpaceX Shares Unlocking Expected to Yield Massive Windfalls for Early Employees


ABC NEWS
२१ श्रावण २०८३, बिहिबार   ९ : ५५   बजे

Kathmandu— As SpaceX unlocks its shares on Thursday, early employees who received thousands of stock options as part of their compensation packages are poised to see significant financial gains. Some former employees, such as one renovating a brewery in Italy, have already begun making plans for how they will use the potential windfall.

Unlocking Process

The unlocking of SpaceX shares is set to take place on Thursday, allowing early employees who were granted stock options as part of their compensation packages to potentially realize substantial financial gains. These stock options have been a key component of SpaceX's employee retention and incentive strategy.

Employee Plans

One former SpaceX employee has already begun making plans for the potential windfall, including renovating a brewery in Italy. This example highlights how some employees are anticipating significant financial benefits from the unlocking of shares.

(With inputs from BBC News)

Originally published on abcnews.com.np.

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