Seth
Seth|Aug 06, 2026 13:51
SPCX unlocks today. ~911.5 million shares become eligible for trading. This more than doubles the previous public float (from roughly 639 million shares to about 1.55 billion shares). It raises the freely tradable float from ~4.9% to ~11.9% of total shares outstanding. We had a selloff yesterday frontrunning this unlock. We want to see SpaceX holding 100 USD line now that it beat expectations on earnings. Remember that nobody else on earth can lift and self land a Starship...(Seth)
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