Former Securities and Exchange Commission Chair Gary Gensler warned Tuesday that a "great rebalancing" could unfold in Space Exploration Technologies Corp (NASDAQ:SPCX) shares as lockup restrictions begin to expire, allowing early investors to take profits following the company's blockbuster public debut.
The 'Great Rebalancing' Speaking to Bloomberg Television, Gensler said many of those who backed SpaceX before its IPO are likely to "take risk off the page" as the lockup shares become eligible for sale.
"I call it the great rebalancing," Gensler said.
Former SEC Chair Gary Gensler says that the market will see a "great rebalancing" once the SpaceX lockup ends in August https://t.co/qW27IViRtk pic.twitter.com/j3wZ063Wxo— Bloomberg TV (@BloombergTV) June 23, 2026 Some investors may choose to reduce their exposure by a third, half, or even three-quarters as they lock in gains, he added.
Read Also: Bitcoin, Ethereum, XRP, Dogecoin Drop Further Amid Global Chip Sell-Off: Analyst Flags 'The Most Important Level' For BTC Lockup Expirations Approach SpaceX is preparing for a series of share unlocks that will gradually increase the stock's public float over the next 14 months.
