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SpaceX to Earmark Up to 5% of Shares in IPO for Employees and Relatives/ Friends of Senior Executives
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SpaceX (SPCX.US) disclosed in a filing that it will reserve up to 5% of its Class A shares in the IPO for subscription by certain employees as well as relatives and friends of the company's senior executives. Subscribers included on the "friends and family" list will not be subject to any lock-up restrictions. SpaceX is expected to raise USD75 billion and may start its roadshow as early as June 4, price the offering on June 11, and list on Nasdaq on June 12. Directed share programs are relatively common in IPOs, but subscribers are typically subject to lock-up periods. Under an AI computing capacity agreement between SpaceX and Anthropic, the deal involves approximately 325,000 chips from NVIDIA Corporation (NVDA.US), the filing revealed. Under the agreement, Anthropic is required to pay USD1.25 billion per month for the related computing services, with the contract remaining effective until May 2029. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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