$SPCX Unlock Day: ~$200B in SpaceX shares hit the market today
Around 1.3 billion SpaceX shares just unlocked (largest single tranche of 2026, ~28% of the main employee/pre-IPO lock-up pool). At ~$155, that’s roughly $200 billion in newly eligible supply.
• Price: ~$154–155 (down ~3% from yesterday’s $159.31 close)
• Market cap: ~$2.1 trillion
• IPO price: $135
Why the stock ripped yesterday: Q3 was a blowout. Revenue $14.6B (+161% YoY), first profit as a public company ($4.4B net income), and AI/Super Intelligence segment alone did $7.6B — bigger than Starlink for the first time.
Unlocks don’t automatically mean heavy selling (past ones were mixed: +6% on the first big one in August, smaller dips on later ones). But this is the biggest so far, with more still coming (another ~328M around Oct 26 and the rest of the main lock-up by Dec 8). Musk’s stake stays locked until mid-2027.
Around 1.3 billion SpaceX shares just unlocked (largest single tranche of 2026, ~28% of the main employee/pre-IPO lock-up pool). At ~$155, that’s roughly $200 billion in newly eligible supply.
• Price: ~$154–155 (down ~3% from yesterday’s $159.31 close)
• Market cap: ~$2.1 trillion
• IPO price: $135
Why the stock ripped yesterday: Q3 was a blowout. Revenue $14.6B (+161% YoY), first profit as a public company ($4.4B net income), and AI/Super Intelligence segment alone did $7.6B — bigger than Starlink for the first time.
Unlocks don’t automatically mean heavy selling (past ones were mixed: +6% on the first big one in August, smaller dips on later ones). But this is the biggest so far, with more still coming (another ~328M around Oct 26 and the rest of the main lock-up by Dec 8). Musk’s stake stays locked until mid-2027.