Musk’s 6.4 Billion SpaceX Shares Unlock After 366 Days as 95% Stake Faces Staggered Sales
Updated
Updated · Fortune · Jul 3
Musk’s 6.4 Billion SpaceX Shares Unlock After 366 Days as 95% Stake Faces Staggered Sales
3 articles · Updated · Fortune · Jul 3
Summary
Elon Musk’s entire 6.4 billion-share SpaceX stake becomes sellable in one shot after 366 days, unlike other holders whose stock unlocks in multiple tranches.
About 12.5 billion shares—roughly 95% of SpaceX’s stock—sit behind one of the market’s most complex lock-up schedules, with 15 release dates designed to avoid a sudden flood of selling.
Experts said the structure aims to protect a stock that jumped from a $135 IPO price to as high as $226 and now trades near $162, valuing SpaceX at about $2.61 trillion.
Musk’s lock-up has no early-release provisions, but analysts said he may not sell at all, noting his history of holding Tesla shares and using stock as collateral instead of cashing out.
The arrangement gives SpaceX a year of insider-selling stability, then leaves investors watching for a potentially outsized market event when Musk’s stake finally unlocks.