Mark Your Calendar: SpaceX Could Be a Very Different Stock by Halloween

SpaceX's highly successful IPO valued the company at $2.5 trillion with massive oversubscription, but less than 5% of shares are currently publicly traded. By October 31, 2026, a significant portion of locked-up shares will be unlocked through staggered release dates tied to earnings milestones, potentially doubling the public float by August 2026. While near-term catalysts like Nasdaq's fast-entry rule could support the stock price, the massive increase in available shares could pressure valuations once the lockup period expires.