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The Nexus
BUSINESSAug 5 · 22:57 UTCFORTUNEAnastasia Atamanchuk

SpaceX created a new class of ultrawealthy. Here’s what comes next

SpaceX's market debut created significant paper wealth for employees, but market volatility and complex unlocking schedules have complicated its realization. The stock surged post-IPO before dropping below its initial price, leaving employees with restricted shares until staggered release dates. Financial strategies like trusts and tax exemptions are discussed as tools to manage wealth transfer amid uncertainty.

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SpaceX created a new class of ultrawealthy. Here’s what comes next · The Nexus