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throwaway2037 | on: Can the stockmarket swallow Anthropic, SpaceX and OpenAI?

    > The only major cliff will be Elons shares
Do you really think he would see a large portion of his shares on his unlock date? If so, why? What would he do with the capital?
HWR_14 | parent | next
I don't think he'll sell a large portion of his shares. My point was that when his shares become sellable will be the only time there is a giant leap in available shares. Because everyone else will be able to sell some of their shares in regular intervals.
throwaway2037 | root | parent

    > My point was that when his shares become sellable will be the only time there is a giant leap in available shares.
Fair point and well-stated.

Another thing that is special about Musk's "vesting cliff": He has the longest in modern history: one full year. I cannot think of any other IPO in the last 10 years where the founder had such a strict/long vesting cliff. While I think the "super shares" (with 10x voting rights) are bullshit, I do think the very long vesting cliff is a good sign.

andruby | parent
Off-load some of them when the valuation is _to the moon_ from AI and then later he'll force shareholders and the board to gift him even more shares then he sold.