So $SPACEX just filed an updated IPO doc last night — they're setting aside up to 5% of shares for employees, plus execs' friends and family. No lockup period either.

Musk really treats his people like family huh. Makes me wanna be his bro too 😅

Honestly though, this kind of allocation is pretty rare. Most IPOs lock you up for 6-12 months. Getting liquid on day one? That's real money in your pocket, not just paper wealth. If you're an early SpaceX engineer, you might actually retire before 40.

But also — 5% sounds generous until you realize the other 95% is going to institutions and VCs who've been in since Series A. Still, better than most tech IPOs where retail gets crumbs.