SpaceX Is on the Verge of Making Dubious History Yet Again, and Retail Investors May Pay the Price

SpaceX completed a record-breaking $85.7 billion IPO in June 2026 with a $1.77 trillion valuation. However, the company's accelerated and staggered insider share-unlock schedule poses risks to retail investors. With a historically low float (less than 5% of shares offered at IPO) and massive unlock events tied to quarterly reports and specific calendar dates, insiders are positioned to sell billions of shares, potentially creating a significant wealth transfer from retail investors to company insiders.