Stock Lockup Expiration: A Reality Check for SpaceX Investors The highly anticipated unlock of initial lockup restrictions on SpaceX shares has finally arrived, and investors are bracing themselves for the potential fallout.
The stock price has already taken a hit over an eight week period marked by volatility. A significant chunk of the market is set to become available for trading as early shareholders begin to cash out.
Approximately 911 million shares, representing about 7% of outstanding shares, will enter the market.