Steve HermanMar 15, 2024
At SpaceX if an employee is fired “for cause,” the company can repurchase their stock for a price of $0 per share, according to documents viewed by TechCrunch. https://techcrunch.com/2024/03/15/spacex-employee-stock-sales-forbidden/
Leaked SpaceX documents show company forbids employees to sell stock if it deems they've misbehaved | TechCrunch

SpaceX requires employees to agree to some unusual terms related to their stock awards, which have a chilling effect on staff, according to sources and internal documents viewed by TechCrunch.

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Show threadoiyouyeahyouMar 15, 2024
@w7voa is this abnormal though? If you replaced spacex with any of the other big tech or other conglomerate, I'd be equally unimpressed and unsurprised tbh
Show threadTobias Denkinger
@oiyouyeahyou @w7voa Well, I hope it is not normal that an ex-employer can simply take part of your property.
Mar 16, 2024 at 7:55amWeb