" Oh come on. Traditional lock-up period is 180 days, the SpaceX lock-up is as short as 70 days in some cases, and has other rolling tiers at 90, 105, 120, and 135 days. While that prevents a gigantic block from coming online all at once, it also allows the cash-out of large offerings much sooner than usual - making it more lucrative to play the “cashing out IPO” game than the “this is a solid company” exercise it is meant to be."


In what decade was the, "traditional lock up period 180 days"? Certainly not the 80s and 90s. Try 1 and 2 years.

Have retail participants of the ipo been told that if they, flip it, they will never see an ipo again?

How do you suppose the market makers will trade the stock from the open?

How many insiders selling in the first 6 months will become wealth manager clients of the underwriters at say a negotiated .35 % fee?

The nasdaq 100 will be buying about 10-15 % of the float shortly after the close of the IPO?

The Soprano family is sick they didn't think of this in the 90s.

In 3-5 years others will look back on these gimmicks like the 07-08 housing market where they found new innovative ways to sell to first time buyers aka retail with little down, with an interest only adjustable-rate mortgage. What could go wrong? Let's see what happens in years 2-5.

I'm laying 5 to 1 Gregs phone is not ringing from Musk. :)