"We've never seen anything like it. We've never seen anything of this scale..."

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.