Gauntlet AI founder Austen Allred says early SpaceX investors are holding all shares despite a liquidity event

@HasdrubaalBarca No, they’re not selling post lockup

@Austen The wildest thing to me is, people I know who never talked about stocks were posting about their interest and orders for SPCX IPO lottery.

@Austen they’re not selling because the lockup has their shares in federal custody until at least August

@Austen Been in for 10 years and will probably sell a small percentage to rebalance my portfolio. However very excited about the future at SpaceX long term.

@Austen @HasdrubaalBarca Are you reading the future? Pretty sure they’ll sell as soon as they can

@0xRysk A lot. Most of the people who invested in my company at scale were early SpaceX investors.

@Austen ok

@Austen How many early investors do you know?

@Austen If I had SpaceX shares, I would never sell.

@Austen As a longtime (since this morning) share (singular) owner, I have no intention of selling.

@Louisfortino @Austen @HasdrubaalBarca He’s going by what they say. You’re the one actually trying to predict the future.

@Austen @100MBTC My shares are locked up, and I’m buying more on the market.

@Austen Well, they should sell some. Way too much key man risk to have that much tied up in it.

@Jules___7 @Louisfortino @HasdrubaalBarca I know them well and have watched their actions for a decade

@Austen @HasdrubaalBarca that is what they are telling you so you don't sell before them

@Austen They can’t sell, when they get the opportunity, see if they sing the same tune

@CaminaDrummer4 @Austen many such holders

@100MBTC @Austen At some point we will have a huge hype wave and I will get my initial investment back then.

@CaminaDrummer4 @Austen maybe ship catch or orbital refueling

but it would be so dumb to sell before they land humans back on moon imho

@RyanGSpalding @Austen Key man or cult of personality