"Insiders currently own 95% of all shares. The public float's just 5%. Those insiders are sitting on that they cannot sell into the open market. Most IPOs lock insiders up for 180 days. SpaceX, 60 days. 60 days after listing, 20% of eligible insider shares can unlock. That's a lot of money. If the stock rises 30% above IPO price, then another 10% unlocks. Then five separate unlocks hit between 70 days and 135 days. By November of this year, 93% of early release insider shares could already be free to sell."

…&P 500 funds will be forced to absorb 19% of SpaceX float within 6 months. Russell 1000 and Nasdaq 100 funds will absorb another whopping 24%. So, look, if you own an index fund, and most Americans do, you're about to own SpaceX whether you want to or not. And while you're a passive buyer with no choice, here's what the insiders are quietly doing. Insiders currently own 95% of all shares. The public float's just 5%. Those insiders are sitting on that they cannot sell into the open market. Most IPOs lock insiders up for 180 days. SpaceX, 60 days. 60 [ __ ] days after listing, 20% of eligible insider shares can unlock. That's a lot of money. If the stock rises 30% above IPO price, then another 10% unlocks. Then five separate unlocks hit between 70 days and 135 days. By November of this year, 93% of early release insider shares could already be free to sell. So, let me say it one more time. The rules were changed in their favor, not in yours. Your retirement money is being directed into the stock and the people who built it can start cashing out in 2 months, and you have essentially zero recourse. SpaceX is issuing, by the way, class A shares to the public, one vote each. Elon Musk holds class…