More than 900 million SpaceX shares are set to unlock Thursday, more than doubling the publicly available stock in Elon Musk’s space and AI company, which has struggled since its record-breaking IPO just weeks ago.

SpaceX's stock is too far below a key IPO threshold to trigger an extra 456 million-share lock-up release, leaving only the Aug. 5 expiration.

SpaceX’s earnings and a massive $100 billion share unlock hit at once, creating a high‑stakes moment for a stock already down 50% and bracing for fresh volatility.