SpaceX's tradable float could roughly triple by December as the company allows insiders and early investors to sell shares in multiple waves instead of a single 180-day lockup period. The first wave unlocked 20% of shares on August 6, with additional 7% unlocks scheduled for August 20, September 9, September 24, October 9, and October 24. A further 28% of shares will unlock on the second trading day after its third-quarter earnings report, and all remaining shares become free to sell on December 8. The stock, which went public at $135 per share on June 12 and hit a record $225.64 on June 16, now trades around $110 amid concerns over its valuation at 76 times 2025 sales and losses in its AI division.
Space Exploration Technologies Corp. Class A Common StockLockup expirations increase tradable float, pressuring stock price amid valuation concerns.
NVIDIA Corporation