SpaceX: Musk Agrees to 366-Day Lock-Up Period

SpaceX has announced that Elon Musk has agreed to a lock-up period of 366 days. According to Jin10, this decision comes as part of a broader strategy to stabilize the company's financial structure and ensure long-term growth. The lock-up period is a common practice in the industry, aimed at preventing significant stock sales that could affect market stability. This move is expected to reassure investors and stakeholders about the company's commitment to maintaining a steady course in its operations and financial management.