SpaceX Unlocks Up to 911.5 Million Shares in August as Stock Sits 42% Below Peak
Updated
Updated · The Motley Fool · Jul 19
SpaceX Unlocks Up to 911.5 Million Shares in August as Stock Sits 42% Below Peak
3 articles · Updated · The Motley Fool · Jul 19
Summary
Up to 911.5 million SpaceX shares can become sellable on the second full trading day after its first earnings report, a tranche worth more than $115 billion at roughly $131 a share.
That release could exceed the entire June IPO because less than 5% of SpaceX's roughly 13.2 billion shares initially entered the market; smaller unlocks then run from late August through October, with the standard lockup ending in early December.
Shares have already fallen about 42% from a $225.64 post-IPO peak and slipped below the $135 IPO price, leaving the stock vulnerable to added supply as demand weakens.
SpaceX still has a strong Starlink business, but losses in its AI and space segments and a roughly $1.7 trillion valuation—nearly 90 times trailing revenue—may give insiders reason to sell.
The first unlock will test whether selling pressure is already priced in; if the stock absorbs that wave without new lows, it could signal demand is finally meeting supply.