The SpaceX share lock-up period, explained
Marketplace
Marketplace
4.6 • 8.6K Ratings
🗓️ 12 June 2026
⏱️ 27 minutes
🧾️ Download transcript
Summary
SpaceX went public Friday, with much pomp and circumstance. Investors are already buying and selling the company’s stock — well, some investors. Employees, early investors, and Elon Musk all held SpaceX stock pre-IPO. Now, the company will supervise when and how they can sell it off. In this episode, we explain why. Plus: An unlikely city tops list of best metro areas for recent college grads, an AI chatbot helps one reporter sell his house, and we break down the week’s economic headlines.
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Transcript
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| 0:00.0 | On today's show, we'll unpack an uncertain economy. |
| 0:05.4 | We will, yes, talk about SpaceX. |
| 0:07.9 | And here's a left field question. |
| 0:09.9 | Would you trust AI to sell your house? |
| 0:13.3 | From American Public Media, this is Marketplace. |
| 0:16.1 | Thank you. |
| 0:32.1 | It's been another week of not really knowing where the war is heading, which means it's been another week of not really |
| 0:38.7 | knowing where the economy is heading. But as we always do on Fridays, we're going to take some |
| 0:43.5 | time to try and sort it all out. Catherine Rampel is at MS Now in the bulwark. Courtney Brown is at |
| 0:49.2 | Axios. Hey, guys. Hey, happy weekend. |
| 0:56.7 | Happy weekend. |
| 0:59.5 | Before we get to that, though, let's start here. |
| 1:03.0 | Catherine, we've got a Fed meeting next week. |
| 1:06.9 | And it's notably Kevin Warsh's first as the new Fed chair. |
| 1:08.9 | Do you have any predictions on what will happen? |
| 1:17.6 | Oof. You know, he has his work cut out for him because he clearly got the job, at least in part, because Donald Trump was expecting him to cut interest rates. Certainly, the president |
| 1:23.4 | said that that was going to be a litmus test before he had chosen Mr. Warsh, the new chair. |
| 1:30.0 | And now it is becoming increasingly difficult for Kevin Warsh to deliver on that promise or at least |
| 1:37.0 | expectation given where we have seen the recent set of inflation prints with CPI and PPI, among others, much hotter than the Fed would like even when you strip out things like energy, which is, you know, which is obviously driving a lot of the growth. And if you look at where markets are expecting things to go, Markets are not expecting any rate cuts in the |
| 2:04.5 | near or even medium term. Instead, the first move, the first change from current levels that |
| 2:10.9 | they expect would be probably at the end of the year. And that would be a rate hike. So I think |
| 2:16.4 | Kevin Warsh's real challenge is how |
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