SpaceX Stock Has Climbed About 50% Through 6 Insider Share Unlocks. The Biggest Is Still Ahead.

SpaceX stock has risen approximately 50% since early August despite 2.3 billion employee and insider shares coming out of lockup—nearly 3.6 times the shares sold in its June IPO. While the stock declined on three of six release days with minimal impact, the author warns that the biggest unlock is still ahead: up to 1.3 billion shares (40% larger than August's release) will unlock after third-quarter earnings, potentially bringing tradable shares from 21% to near 40% of total shares by early December.