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JPMorgan CEO contender walks away with $50M in unvested stock after losing Jamie Dimon succession race
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LA animal hoarder faces 25 years in prison after seizure of 300 dogs and cats
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SpaceX boss Elon Musk said Monday that he’ll give every child in the U.S. one of his shares in the company next year. Musk currently owns about 4.8 billion SpaceX shares, according to an August SEC filing. That figure rises to 6.4 billion when taking into account unvested awards and stock options, representing a 48.4% beneficial stake in the company. Read more:
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We are excited to announce four updates regarding the Ethena ecosystem, further details on each point are provided in the blog linked below: 1. Buyout of early investors: The Ethena Foundation executed a buyout of all locked tokens from certain major seed investors that sold any ENA within the last 9 months. 2. Alignment of Token & Equity: The Ethena Foundation and Ethena Labs have reached agreement on a Master Framework Agreement, whereby IP and ownership of value accrued by the protocol is assigned to the Foundation exclusively and governed by token holders with no residual cash flow due to equity investors in the Labs entity. 3. Revenue Buybacks: Governance proposal now live for the implementation of the fee switch whereby net revenue accrued across all business lines under the Ethena brand will be used to programmatically buy back the ENA token. The vote for revenue buyback fee switch implementation is now here, and has already been approved by the Risk Committee: 4. Removal of monthly VC unlocks: The Ethena Foundation and lead investors have agreed to eliminate future overhang associated with monthly VC investor unlocks by releasing unvested tokens. All team tokens remain locked per the original vesting schedules. Further details and documentation is provided in the blog linked below:
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BREAKING: SpaceX officially completes its $60 billion acquisition of Cursor. The merger became effective on August 14, 2026. SpaceX subsidiary X67 Inc. merged into Anysphere, with Cursor surviving as a wholly owned SpaceX subsidiary. • Cursor’s common and preferred shares were converted into the right to receive 389,289,254 SpaceX Class A shares. • Vested Cursor RSUs were converted into the right to receive 1,752,426 SpaceX Class A shares before applicable tax withholding. • Cash will be provided in place of fractional shares. • Unvested Cursor RSUs were assumed and converted into approximately 29,128,326 SpaceX RSUs. • Cursor stock options were assumed and converted into approximately 44,365,047 options to purchase SpaceX Class A shares. • The share conversion was based on Cursor’s $60 billion implied equity value and SpaceX’s volume-weighted average closing price over the seven trading days immediately before closing. • The shares were issued under the Section 4(a)(2) registration exemption as a transaction that did not involve a public offering.
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Circle's President has sold $31 MILLION worth of company stock. Is he no longer bullish on $USDC ...? According to data shared by @MSBIntel, @Circle President, Heath Tarbert, has sold $30.8M worth of $CRCL stock since the company's 2025 IPO. With that said, he still owns some 502,558 shares (vested and unvested).
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