SpaceX's lockup period begins expiring in August, potentially releasing up to $123 billion in shares into the market. The company went public on June 11, 2026, at $135 per share on Nasdaq under the ticker SPCX, with its IPO valued at over $2 trillion.

Instead of a standard 180-day lockup, SpaceX has a staggered release. Tranches of approximately 7% unlock at specific intervals after the IPO. The first major wave, comprising 20% to 30% of total shares, is expected shortly after Q2 earnings are reported. A subsequent large tranche of about 28% will follow Q3 earnings.

By December 8, 2026, roughly 40% of all SpaceX shares will be freely tradable. Notably, Elon Musk's shares have a 366-day lockup, restricting sales until around June 2027. With SpaceX shares already trading near or below their IPO price in July, this significant supply increase could test market demand.