SpaceX’s biggest stock unlocks are still ahead

Record amounts of SpaceX stock are entering the market, and over the next eight months, the volume is set to increase even more. SpaceX set an all-time record this month when it removed selling restrictions on more than $200 billion worth of insider stock, and share unlocks at the rocket, satellite, AI, and social media conglomerate are set to surpass $1 trillion soon. An unlock removes sale restrictions on existing shares, it doesn’t create new shares or bring new money into the company. Because SpaceX’s market cap included most unlocked shares while they were locked, a market capitalization chart of SPCX, the company’s Nasdaq-listed common stock, will not typically show sudden spikes in value.

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