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SpaceX Lock-up Release Delayed to December Despite AI Revenue Surge
A failed price test delays the release of 797.6 million shares until December, even as AI-related revenue grew by 247%.
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SpaceX's first insider lockup expired on August 6, 2026, doubling the stock's float from approximately 639 million to 1.55 billion shares. Although the company's first earnings report beat expectations and AI revenue surged 247% to $2.56 billion, shares remained near record lows. A secondary release of 797.6 million shares was delayed until December after a price-based trigger test failed. Currently, Starlink remains the company's only profitable segment, accounting for 61% of projected 2025 revenue.
A failed price test delays the release of 797.6 million shares until December, even as AI-related revenue grew by 247%.
Read the full storyIn a move reflecting strong financial performance, SpaceX reported inaugural earnings that exceeded analyst expectations, providing a fundamental cushion for the stock.
Amid intensifying selling pressure triggered by the expiration of the insider lockup period, SpaceX stock has retreated significantly, breaking through previous technical support levels.