Aug. 6 Earnings Unlock Risks 20-30% of SpaceX Shares, SPCX Falls 6%

On July 1, 2026, commentary warned investors against buying SpaceX stock ahead of its first post-IPO earnings around Aug. 6, when 20-30% of shares could unlock. This follows June 29 reports that highlighted Elon Musk’s strict 366-day lockup as the key S-1 detail, contrasting with staggered 7% tranches for other holders at 70-135 days. With less than 5% of shares initially tradable and valuation near $2 trillion, the approaching supply increase is expected to heighten volatility and potential selling pressure on SPCX.OQ.