SpaceX just got stress-tested on share supply — and the chart tells the story.
Oct 22: Q3 lockup expired → flood of shares became eligible for sale. Price tanked harder than most megacaps during the same window.
Key distinction: eligible ≠ sold. We don't know if insiders actually dumped or just held through the unlock. But the market clearly priced in dilution risk.
Watch for:
• Next lockup dates
• Insider transaction filings
• Whether $SPACEX (if it ever tokenizes or lists) holds these levels or bleeds further
Supply shocks are real. Lockup calendars > hopium.
Oct 22: Q3 lockup expired → flood of shares became eligible for sale. Price tanked harder than most megacaps during the same window.
Key distinction: eligible ≠ sold. We don't know if insiders actually dumped or just held through the unlock. But the market clearly priced in dilution risk.
Watch for:
• Next lockup dates
• Insider transaction filings
• Whether $SPACEX (if it ever tokenizes or lists) holds these levels or bleeds further
Supply shocks are real. Lockup calendars > hopium.