Investor Ross Gerber warned that SpaceX investors should pay attention to the company’s share lock-up schedule, which could see Elon Musk’s 46.1% stake become eligible for sale on June 12, 2027. Gerber highlighted that only 4.9% of SpaceX shares are currently in the free float, with that figure projected to rise to 11.8% by August, 25.1% by late October, and 40% by December. The free float is then expected to reach 50.8% by June 2027 before Musk’s stake unlocks, potentially pushing the free float to 96.9% in a single day. SpaceX debuted on the Nasdaq on June 12 at $135 per share and surged nearly 19% in its first session, but the stock has since cooled, with the company’s valuation falling to roughly $2.03 trillion from a peak of $2.9 trillion on June 16.
Space Exploration Technologies Corp. Class A Common StockNews about share lock-up schedule and potential unlocking of Musk's 46% stake could lead to massive dilution and selling pressure.