SpaceX's First Lockup Wave Puts 911 Million Shares in Play

Summary:

  • SpaceX's first IPO lockup expired Aug. 6, 2026, freeing just over 911 million shares, roughly 7% of stock outstanding.

  • That block is larger than the 639 million shares sold in the company's record-setting IPO.

  • Rainmaker Securities' Greg Martin said the expiration may matter more for the stock's near-term path than the underlying business.

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Ken Anderson