🚨 $SPACEX LOCKUP UNLOCKS 9.1B SHARES, FLOAT DOUBLES OVERNIGHT 📉
The instant free float expansion from 4.9% to 11.8% is a structural liquidity event rarely seen this early in a listing. 🔍 With 911.5 million shares now eligible for sale, the market is absorbing a potential supply wave while the stock already trades 52% below its $225.64 peak — and short interest sits at a staggering 35% of the previous float.
📊 The technical picture is a pressure cooker: insider “paper wealth” from the $135 IPO price is finally convertible, and at least one early investor is openly liquidating a $1.5M position. Yet with 455.8 million shares still frozen below the IPO price, the true sell-side flood may be staggered across nine unlock phases through December. 💡
The $78B quarterly revenue offers fundamental weight, but the immediate battle is between institutional supply and a crowded short book that could ignite a squeeze. 💬 Are you fading this unlock event or betting on a short-squeeze rip amid the volatility? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#SPACEX #LockupEvent #FloatExpansion #BearishSetup #ShortInterest 🔴 💣