SpaceX Lockups Begin Unlocking in August as Stock Holds Near $162

SpaceX shares trade near $162 following the June 12 IPO priced at $135, with only 4% of shares initially sold. Short interest has surged to 31% of the float, costing shorts roughly $760 million in mark-to-market losses. Staggered lockup releases begin after Q2 earnings around Aug. 6, freeing nearly 20% of shares immediately and additional 7% monthly tranches thereafter, while a performance trigger at $175.50 unlocks further supply. Elon Musk’s 6.4 billion shares remain fully restricted until June 2027 under the 366-day lockup, tempering near-term selling pressure even as other insiders gain staged access.