SpaceX Employees Pool $20B in Equity to Squeeze Wealth Managers on Fees Before IPO

A group of SpaceX employees have organized into a collective bargaining bloc, pooling an estimated $20 billion in equity to muscle wealth managers into institutional pricing, ahead of what could be the largest IPO in history, Bloomberg reported. The effort is led primarily by former SpaceX engineer Aisha Ayoub and coordinated through a private Slack […] The post SpaceX Employees Pool $20B in Equity to Squeeze Wealth Managers on Fees Before IPO appeared first on the deep dive.