Question re. employee stock ownership at SpaceX

Jun 22, 2020 5 Comments

What type of stock do SpaceX employees typically receive at hiring time? Is it privately owned stock or stock options? What's the typical vesting cycle?

Also, is the ownership of the vested stock permanent or still being conditioned to being an employee at SpaceX? (i.e. if you leave or laid off does the vested stock remain yours?)

#spacex

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TOP 5 Comments
  • SpaceX / Eng
    SlaveX420

    Go to company page SpaceX Eng

    PRE
    Freedom.to
    BIO
    Now we're all just slaves to our billionaire overlords.
    SlaveX420
    New RSUs haven't been issue in 6 or 7 years to new hires and 4 or 5 years as πŸ₯• incentives. We do get free highly processed πŸ₯œ butter. Edit: I was notified not all SpaceX sites have access to cheap highly processed πŸ₯œ butter. Sad.
    Jun 26, 2020 2
  • New
    igdq

    New

    igdq
    Add SpaceX tag not #

    From what I heard, SpaceX does not give out a lot of stock options. Elon is greedy and he knows there are a lot of people that are willing to work there for πŸ₯œ
    Jun 22, 2020 0
  • VMware
    burned

    Go to company page VMware

    burned
    Not options, Rsus. When you leave you keep them, up to 10 years I think and you can sell them back each time they offer the buy back event at the last audited price...
    Jun 23, 2020 0