EL7.AI
StocksMediumUpdated•Originally published 9 September 2026•Updated 9 September 2026•
2 min read

About 319 Million SpaceX Shares Become Eligible for Sale, Worth Nearly $49 Billion

Key Facts

1About 319 million shares became eligible for sale on Sept. 9 at the 90-day milestone; the broader lock-up did not fully expire.
2SPCX closed on Sept. 8 at $153.47 within a $145.14-to-$155 range.
3The tranche's theoretical value was about $49.0 billion at the closing price, but that does not represent confirmed sales.

About 319 million SpaceX shares became eligible for sale on Sept. 9, the 90-day milestone in the transfer-restriction schedule tied to the company's offering. This was an early release of one tranche, not the expiry of the lock-up on all insider shares.

The prospectus permits an additional 7% of shares covered by the 180-day lock-up to be released at each of the 70-, 90-, 105-, 120- and 135-day milestones. The remaining shares stay subject to their applicable restrictions until the release dates specified in the schedule, including the 180-day milestone.

SPCX closed on Sept. 8 at $153.47 after trading between $145.14 and $155. Multiplying that close by about 319 million shares gives the tranche a theoretical market value of roughly $49.0 billion; the original report's $47.2 billion estimate used a Sept. 4 close of nearly $148.

Eligibility does not mean every share will be offered in the market. The release increases the maximum number holders may transfer, while actual sales depend on shareholder decisions and any other legal restrictions that apply.

SpaceX shares began trading on June 12, and the offering closed on June 15 after the company issued 638,888,888 shares, including the full exercise of the overallotment option. Gross proceeds were approximately $85.7 billion.

The short-term price effect therefore depends on how many eligible shares are actually sold relative to demand and liquidity, not on the tranche's theoretical value alone. Subsequent trading volume and insider disclosures will be more informative than assuming every eligible share is sold immediately.