Unclear to me where the prospects are for Blue Origin... appears they are far behind and fighting for the less lucrative launch business meanwhile SpaceX is feasting and likely to monopolize Starlink revenue.

BlokchainB

“It’s a big fat middle finger for those that thought they had something.”

The 19-page document outlining the terms of this plan laid out the rules of the stock option plan. In some ways, the plan was fairly conventional, but in other ways, it was markedly different from most plans out there. Perhaps the biggest change from most plans was this: “All Options, whether vested or unvested, shall expire on the tenth anniversary of their Vesting Commencement Date unless such Options expire earlier.”

In other words, regardless of whether an employee remained with the company, all options expired after 10 years from the date of issuance. The first options expired last month.

There was another problem with the Blue Origin plan. Stock options could only be exercised “upon a liquidity event,” which was defined as a sale of the Blue Origin business or an Initial Public Offering. Neither of which has happened.

Stacker_Stocks

> **“It’s a big fat middle finger for those that thought they had something.”**
>
> [...]
>
> The 19-page document outlining the terms of this plan laid out the rules of the stock option plan. In some ways, the plan was fairly conventional, but in other ways, it was markedly different from most plans out there. Perhaps the biggest change from most plans was this: “All Options, whether vested or unvested, shall expire on the tenth anniversary of their Vesting Commencement Date unless such Options expire earlier.”
>
> In other words, regardless of whether an employee remained with the company, all options expired after 10 years from the date of issuance. The first options expired last month.
>
> There was another problem with the Blue Origin plan. Stock options could only be exercised “upon a liquidity event,” which was defined as a sale of the Blue Origin business or an Initial Public Offering. Neither of which has happened.
>
> [**...read more at arstechnica.com**](https://arstechnica.com/space/2026/03/after-years-of-missteps-blue-origin-to-finally-offer-meaningful-stock-options/)