Why? Musk holds super voting rights shares, where one share equals ten votes, but the liquidity is extremely poor.

Furthermore, there is a lock-up period after the IPO, and large-scale selling would threaten Musk's control over SpaceX. Moreover, if the founder were to sell off his shares, it would lead to a collapse in market confidence.

These three constraints make it difficult for Musk to liquidate his wealth!

In addition, you've also been bombarded with stories of "SpaceX employees becoming rich overnight," haven't you?

Don't be envious; what they have is also "paper wealth." Similarly, with the lock-up period, exercise costs, and nearly 40% tax bill, it's hard to say how much will actually be left in the end.

🤔 The biggest reason SpaceX can continue to surge in price right now is because it only has 4.2% of its shares in circulation, meaning there are few shares available on the market, making it easier to push the price up.

Once the remaining 96% is gradually unlocked, will the market still be willing to pay for this "wealth creation myth"? That's hard to say. 🤷