SpaceX Shares Face Unlock Peak from August to November, Employee Stock Selling Pressure May Cap Price Gains

Odaily News: SpaceX shares will enter a major unlock phase from August to November this year, with circulating shares expected to rise from approximately 640 million to 5.2 billion, with the newly added circulating shares mainly coming from employee holdings.

Analysis suggests that large-scale employee stock unlocks could bring sustained selling pressure. Even though SpaceX's long-term growth prospects are viewed favorably by the market, the stock price may still face pressure in the short term. In contrast, institutional investor unlocks from January to June 2027 are relatively small in scale with limited impact; Musk's shares unlock in June 2027, but given his founder status and holding motives, short-term selling pressure may be relatively low.

Market observers believe that SpaceX's biggest unlock pressure is concentrated in the second half of this year, and leveraged long investors should pay attention to potential selling pressure. However, the release of employee holdings combined with valuation adjustments may also provide institutions with an opportunity to accumulate positions at lower levels in the fourth quarter.