this post was submitted on 15 Mar 2024
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558
Leaked SpaceX documents show company forbids employees to sell stock if it deems they've misbehaved (techcrunch.com)
submitted 7 months ago by [email protected] to c/[email protected]
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[–] [email protected] 51 points 7 months ago (2 children)

How is that even legal?

[–] [email protected] 31 points 7 months ago (1 children)

Simple: the rich make the rules

[–] [email protected] 19 points 7 months ago (1 children)

[–] [email protected] 8 points 7 months ago

I learned that from Jafar in Aladdin!

[–] [email protected] 13 points 7 months ago

It's private equity. So presumably they have more discretion around buy backs than public stocks.