More than 900 million SpaceX shares unlocked Thursday, more than doubling the publicly available shares in Elon Musk’s space and AI company and testing investors’ interest in holding a stock that’s struggled since a record-breaking IPO nearly two months ago.

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.

SpaceX’s Aug. 6 lock-up expiration frees 911.5 million shares, expanding the float and testing how insider selling, short interest and new supply may shape the stock’s next move.