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MAGMAUSDT Hit TP2 Inshallah close and share your profit print congratulations y'all 🎉🎉🎉 $MAGMA #BitcoinFallsOver50%FromOctoberHigh COMEXGoldSettlesUp1.49%At$4187.3
They only floated about 4% to the public to raise $75B, keeping the other 95% locked down.
To prevent the stock from crashing, regular employees get a staggered release valve to sell their shares slowly over 180 days.
Elon Musk is completely locked out of those early windows. Even though he owns 40% of the company and controls over 82% of the voting power, he signed a strict 366-day agreement. He legally cannot sell a single share until June 13, 2027.