Daniel Ek's Spotify Stock Sales Surpass $433 Million in Just 13 Months — And He's Not Done Selling

Daniel Ek's Spotify Stock Sales Surpass $433 Million in Just 13 Months — And He's Not Done Selling

By Marcus Bennett

January 24, 2025 at 03:58 AM

Spotify CEO Daniel Ek continues his significant stock selloff into early 2025, with total sales now exceeding $433 million over the past year. His most recent transactions include two 60,000-share sales in January 2025, generating $57.09 million.

Daniel Ek speaking on stage

Daniel Ek speaking on stage

Recent Stock Sales Breakdown (2024-2025):

  • January 22nd, 2025: $29,250,600
  • January 8th, 2025: $27,835,800
  • December 23rd, 2024: $27,720,000
  • December 11th, 2024: $28,294,800
  • December 4th, 2024: $36,999,000
  • November 26th, 2024: $36,103,500
  • November 20th, 2024: $34,787,250
  • November 15th, 2024: $35,812,500
  • April 24th, 2024: $118,800,000
  • February 7th, 2024: $57,505,000

Despite the extensive selloff, Spotify's stock remains strong, currently trading at $501.50 per share, near its all-time high of $511.

The timing of these sales coincides with Ek's various business ventures and personal investments:

  • A $31 million mansion purchase in Spain
  • His commitment to invest $1 billion in European startups by 2030
  • Recent investments in AI defense company Helsing ($469M Series C)
  • Funding for his healthcare startup Neko Health ($260M Series B)

Notably, Ek doesn't draw a salary as Spotify CEO, suggesting these stock sales may serve as his primary source of liquid capital for both personal and professional investments.

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