SpaceX Moves Up Vesting Schedule for Employee Shares Before IPO

SpaceX has moved up a scheduled vesting date for shares awarded to employees to as soon as next week, according to people familiar with the matter, ahead of an IPO targeted to value the company at more than $2 trillion.

The company told employees the vesting date — when shares granted as stock options become eligible for sale — would take place in April rather than the expected date in May, the people said. The accelerated vesting is expected to help assuage staffers’ concerns over how much stock they have available to sell when the company goes public.

The move ...