SpaceX's Fleecing of Retail Investors Worsens in 9 Days, With a 2nd Insider Share Unlock Event Triggering

SpaceX's staggered insider share unlock schedule is creating significant selling pressure for retail investors. With another 319 million shares (~$42.5 billion) becoming available for sale on August 21, and multiple additional unlock events scheduled through December, the company's historically low float will expand dramatically. Early investors who purchased shares at $0.02-$1.22 are likely to cash out, disadvantaging retail investors who entered at much higher IPO prices.