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Up to 911.5 million SpaceX shares unlock Thursday, but a separate tranche stays frozen because the stock is below its $135 IPO price
SpaceX insiders got their first opportunity Thursday to sell stock into the public market, as a lockup agreement restricting insider share sales expired and freed up to 911.5 million shares — worth roughly $101 billion — for potential sale.
Once restrictions lift, the total shares available for trading will climb to as many as 1.55 billion from roughly 639 million, according to Barron's. But insiders will not be able to sell as much as they might have hoped: a separate tranche of up to 455.8 million shares will remain locked up because SpaceX stock is trading below its $135 IPO price, according to MarketWatch. SpaceX stock closed at $108.27 on Wednesday.
Thursday's expiration is the first real opportunity for employees and early investors to turn their holdings into cash since December 2025, according to MarketWatch. "This is the first real opportunity to turn paper wealth into real, hard cash that they can actually spend," financial advisor Evan Mills, who works with current and former SpaceX employees, said.
