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Leaked SpaceX documents show company forbids employees to sell stock if it deems they’ve misbehaved


SpaceX requires employees to agree to some unusual terms related to their stock awards, which have a chilling effect on staff, according to sources and SpaceX requires employees to agree to some unusual terms related to their stock awards, which have a chilling effect on staff, according to sources and internal documents viewed by TechCrunch.

SpaceX requires employees to agree to some unusual terms related to their stock awards, which have a chilling effect on staff, according to sources and internal documents viewed by TechCrunch. No doubt this has paid off: SpaceX’s 13,000-strong workforce is helping to push the limits of what was thought of as possible in aerospace, deliver crew to and from the International Space Station, and build out the largest satellite constellation in history. “It sounds unusual to [a] have cause type exclusion provision in a tender offer agreement,” attorney and stock options expert Mary Russell told TechCrunch.

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