SpaceX Shares Reach Near-IPO Valuations Amid Major Shareowner Unlock
SpaceX shares retest near-initial-public-offering levels as a significant chunk of employee-held stock becomes tradable for the first time.
Approximately 319 million shares released from long-standing restrictions—part of the day 70 tranche in SpaceX’s comprehensive capitalization freeze—now enter the public market.
The sale contributed to a sharp decline Friday, pushing the price down nearly five percent and leaving the ticker below its $135 initial offering threshold.
Earlier today, another wave of releases—around 911.5 million shares from the previous day-70 allocation—bought over the bell, delivering a six percent surge and demonstrating the market’s appetite when liquidity improves.
Looking ahead, additional blocks of shares are slated to unwind. A second 1.3 billion-share release is expected ahead of SpaceX’s third-quarter earnings report in November, followed by a standard fourteen-month vesting window in December.
Executive Elon Musk retains significant holdings—approximately 6.42 billion shares—that remain capped under an exercise date extending through June 2027.
Pras Subramanian is Lead Transportation Reporter for Yahoo Finance. Follow him onX and onInstagram.
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