SpaceX Insider Lockup Expires Freeing $51 Billion in Shares
Key Facts
A lockup period for SpaceX insider shares worth up to $51 billion expired today, October 9. The Motley Fool reported that these shares have become eligible for sale following the expiration of a staggered and accelerated lockup schedule established after the company's initial public offering on June 12.
SPCX closed at $160.57 on October 8, 2026, just prior to the lockup expiration. The stock traded between a low of $160 and a high of $167.6 during that session, as the market prepares for potential downward pressure from increased share supply and insider selling.
Latest Updates · 1
- Notable·
Update: Today's expiration involves 328.4 million shares. A further tranche of 328.4 million shares is scheduled for release on October 26, 2026, with an additional 1.3 billion shares to follow the release of third-quarter results.