SpaceX Share Price Stable Under 3% as $100B Lock-Up Expires

SpaceX stock fluctuated less than 3% after ~911.5M shares worth ~$100B became tradable. Volume spiked to 40% of prior day total, indicating market had priced in insider selling pressure.

Woofun AI reports that SpaceX shares traded with limited volatility on Thursday following the expiration of a lock-up agreement that restricted insider sales. The event unlocked approximately 911.5 million shares, valued at roughly $100 billion based on current market estimates. Trading data indicates the stock price varied by less than 3% during early sessions as investors absorbed the potential selling pressure. Volume in the first 30 minutes reached about 93 million shares, representing 40% of the previous day's total turnover. This stability occurred shortly after the company’s first earnings report, which had previously triggered a 14% drop due to concerns over AI spending. Analysts maintain long-term optimism, citing SpaceX’s dominance in rocket launches and Starlink as key valuation supports despite short-term capital expenditure pressures.