SPCX: Lock-up Schedule
Investor Ross Gerber highlights SpaceX's share lock-up schedule, which could put Elon Musk's 46% stake in play
Investor Ross Gerber said Monday investors should “pay attention” to Space Exploration Technologies Corp. ‘s (NASDAQ: SPCX ) share lock-up schedule, highlighting that much of the company’s stock remains locked up ahead of a series of share unlocks over the next 14 months. 9% of SpaceX shares are currently in the free float following the company’s historic public debut. “Pay attention to this… spaceX investors have a lot of stock locked up,” Gerber said.
Pay attention to this… spaceX investors have a lot of stock locked up…. 1% by late October. 8% by June 2027, before Musk’s stake becomes eligible for sale. 1% stake becomes eligible for sale.
9% in a single day, with the remaining shares becoming eligible by September 2027. SpaceX shares cool post IPO mania SpaceX debuted on the Nasdaq on June 12 at $135 per share and surged nearly 19% in its first trading session, a move that helped make Elon Musk the world’s first trillionaire. The stock has since cooled from its highs. 9 trillion reached on June 16.
42% in after-hours trading. Benzinga edge rankings indicate SPCX has a negative price trend in the short, medium and long term. Read Also: Qualcomm's Next AI bet? Reportedly Eyes A $4 Billion Deal For Startup Modular Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.
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