how do restricted stock units work for a company that isn’t public

221 views

how do restricted stock units work for a company that isn’t public

In: 0

4 Answers

Anonymous 0 Comments

Using SpaceX as an example, lots of workers got stock in the company. But they can’t just sell them on the open market to cash out, so SpaceX did a round of funding with institutional investors so those workers effectively sold their stock to the investors. There were a lot of overnight millionaires.

You are viewing 1 out of 4 answers, click here to view all answers.