SPCX faces major lockup expiries into 2026; AI buildout continues
Space Exploration Technologies Corp faces lockup expiries of ~912M shares on Aug 6, ~319M on Aug 20, and ~4.9B through 2026, while advancing AI with Grok training and Cursor acquisition plans.
9B through 2026, while it continues its AI buildout with Grok training and a Cursor acquisition. The company is also planning a Louisiana Starbase, with a first launch in 2029, and is tapping leasing revenue amid ETF inclusion.