Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'
Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'Image source, Andre LavoieByNathalie Jimenez and Samira Hussain, Business reporter & North America business correspondentPublished4 minutes agoAndre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. "The shares have been going up so radically it keeps messing up my life plans - you really can't know the future, so it's better to sell early and in intervals."Lavoie is far from being the only one who has seen the value of his stake in SpaceX rocket over the years. Unlike Lavoie, some may choose to hold onto their shares altogether in the hope of bigger gains later.SpaceX listed on the Nasdaq in June, in the biggest initial public offering (IPO) in history, valuing the rocket and satellite firm at more than $2 trillion.
- ▪Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'Image source, Andre LavoieByNathalie Jimenez and Samira Hussain, Business reporter & North America business correspondentPublished4 minutes agoAndre Lavoie joined SpaceX in
- ▪"The shares have been going up so radically it keeps messing up my life plans - you really can't know the future, so it's better to sell early and in intervals."Lavoie is far from being the only one who has seen the value of his stake in Sp
- ▪Unlike Lavoie, some may choose to hold onto their shares altogether in the hope of bigger gains later.SpaceX listed on the Nasdaq in June, in the biggest initial public offering (IPO) in history, valuing the rocket and satellite firm at mor
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| Publication time | Thu, 06 Aug 2026 05:00:54 GMT |
| Retrieval time | 2026-08-06T05:05:43.716Z |
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Cashing in on SpaceX: 'Every chance I get, I'll sell a little more'Image source, Andre LavoieByNathalie Jimenez and Samira Hussain, Business reporter & North America business correspondentPublished4 minutes agoAndre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. He was paid partly in stock - a common trade-off at start-ups as a hiring incentive.Some 17 years on, those 200,000 shares he was given are worth about $23m (£17m) - and the 63-year-old says he's ready to start cashing them as soon as he can."Every chance I get going forward, I'll sell a little bit more," he tells the BBC.
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