SpaceX stock has slid from $225.64 to $115, a drop of 49% that leaves it at its lowest point since it began trading. The next pressure point arrives on August 6, when 911.5 million shares, worth around $116 billion at current prices, exit their lock-up period and become eligible for open-market trading.
The timing makes it complicated
The unlock lands just two days after SpaceX is due to publish its first earnings report as a public company. That sequence matters: investors who have been sitting on locked shares since the listing will get their first look at official financials and an exit window within 48 hours of each other. For anyone watching from the sidelines, that combination is a reason to wait rather than buy. The pattern is familiar from other high-profile names, where post-earnings selling pressure compounds whatever the numbers actually show.
At $115, SpaceX is already pricing in a lot of bad news. Whether the August unlock turns into a wave of selling or gets absorbed quietly depends heavily on what that first earnings print looks like.
This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any asset.
