4 ms·

Why not do a limited IPO that ensures he retains control. Don't the people working for SpaceX deserve to have liquidity? Isn't it fair for the general public

Why not do a limited IPO that ensures he retains control. Don't the people working for SpaceX deserve to have liquidity? Isn't it fair for the general public to have the ability to profit off of his epic feats?

JumpCrisscross 9y ago
> Don't the people working for SpaceX deserve to have liquidity? There is a robust secondary market for SpaceX stock.
- ericd 9y ago
  What is the most active secondary market for it?
  - JumpCrisscross 9y ago
    > What is the most active secondary market for [SpaceX stock]? The secondary markets for private securities trade "over the counter" [1]. There is thus no singular "market" which could be said to be the most active. (If you're looking for a more-actionable response, feel free to pop up your email.) [1] https://en.wikipedia.org/wiki/Over-the-counter_(finance) https://en.wikipedia.org/wiki/Over-the-counter_(finance)
    - ericd 9y ago
      I'd love some more actionable info :-) eriaac at gmail. Thanks! (And I was curious whether there was anything like SecondMarket/EquityZen/etc where they're frequently traded in a more standardized fashion)
    - enceladean 9y ago
      Would you mind shooting me an email as well? My email is in my profile. Thanks! https://news.ycombinator.com/user?id=enceladean https://news.ycombinator.com/user?id=enceladean
    - alehul 9y ago
      I'd greatly appreciate an email as well. Email address is in my profile. Thanks!
mkhalil 9y ago
"Isn't it fair for the general public to have the ability to profit off of his epic feats?" I have never ever heard of this being called fair in my life. Honestly, I would have to go with "I don't know" for this answer.
kinkrtyavimoodh 9y ago
> Isn't it fair for the general public to have the ability to profit off of his epic feats? That's a very weird definition of fair. Why does the general public 'deserve' to profit off of his feats?

4 ms·

Why not do a limited IPO that ensures he retains control. Don't the people working for SpaceX deserve to have liquidity? Isn't it fair for the general public

by gogopuppygogo 9y ago

JumpCrisscross 9y ago
> Don't the people working for SpaceX deserve to have liquidity? There is a robust secondary market for SpaceX stock.
- ericd 9y ago
  What is the most active secondary market for it?
  - JumpCrisscross 9y ago
    > What is the most active secondary market for [SpaceX stock]? The secondary markets for private securities trade "over the counter" [1]. There is thus no singular "market" which could be said to be the most active. (If you're looking for a more-actionable response, feel free to pop up your email.) [1] https://en.wikipedia.org/wiki/Over-the-counter_(finance) https://en.wikipedia.org/wiki/Over-the-counter_(finance)
    - ericd 9y ago
      I'd love some more actionable info :-) eriaac at gmail. Thanks! (And I was curious whether there was anything like SecondMarket/EquityZen/etc where they're frequently traded in a more standardized fashion)
    - enceladean 9y ago
      Would you mind shooting me an email as well? My email is in my profile. Thanks! https://news.ycombinator.com/user?id=enceladean https://news.ycombinator.com/user?id=enceladean
    - alehul 9y ago
      I'd greatly appreciate an email as well. Email address is in my profile. Thanks!
mkhalil 9y ago
"Isn't it fair for the general public to have the ability to profit off of his epic feats?" I have never ever heard of this being called fair in my life. Honestly, I would have to go with "I don't know" for this answer.
kinkrtyavimoodh 9y ago
> Isn't it fair for the general public to have the ability to profit off of his epic feats? That's a very weird definition of fair. Why does the general public 'deserve' to profit off of his feats?