摩根士丹利警告SpaceX面临关键压力测试，8月约千亿美元股票解禁或影响股价

Odaily Planet Daily News Morgan Stanley stated in its latest report that SpaceX (SPCX) is approaching a critical stress phase after its public listing, comparing the upcoming share unlock to the "maximum dynamic pressure (Max Q)" during a rocket launch. SpaceX will release its first quarterly earnings report after the listing on August 4. The firm believes that market attention will focus on management's stance on future strategies such as Starlink, Starship, and AI computing expansion, rather than single-quarter financial data. 

According to the report, on August 6, approximately 911.5 million SpaceX shares will be unlocked from restrictions, valued at roughly $100 billion at current prices. This marks the first tranche of a nearly 4 billion share unlock plan extending to January 2027. Morgan Stanley believes that early investors may seek liquidity after long-term holding, and the unlock pressure could become the biggest short-term risk to SpaceX's stock price.