SpaceX plans to reserve up to 5% of its IPO shares for employees and friends and family of executives, as disclosed in an updated filing ahead of its public listing.

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More than 60% of shares outstanding immediately prior to the offering remain subject to an extended lock-up period...

SpaceX has reserved up to 5% of its upcoming IPO shares for employees and friends of executives, with strict lock-in rules covering most stock including Elon Musks holdings. The…