SpaceX Falls Below $175.50, Delaying Unlock of Extra 10% Early Release Shares

The Motley Fool··Read original
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Summary · why it matters

SpaceX's stock has fallen below $175.50 per share, a critical threshold that could delay the release of an additional 10% of Early Release Eligible Shares. Under the company's tiered lockup schedule, 20% of these shares become available for sale two days after the earnings report for the quarter ending June 30, 2026, but an extra 10% unlocks only if the stock price is at least 30% above the $135 IPO price for five of the ten trading days leading up to and including the earnings release date. The recent sell-off, which pushed shares down 32% from their all-time high, has put that condition in jeopardy. Even without the extra tranche, the float could still expand significantly through staggered releases starting in August and September, with all Early Release Eligible Shares becoming eligible for sale by December 9, 2026.

Impact on assets 5

Artificial Intelligence▲ · 3 stocks
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