SpaceX insiders can start selling Aug 6. Will the stock drop more than 5% that day?
100% of users predicted NO — the community got this one right. 2 predictions cast.
SpaceX's insider lockup expired on Aug. 6, 2026, freeing up to 911.5 million shares — worth roughly $101 billion — for potential sale for the first time since the company's June IPO. SPCX shares touched a new intraday low of $105.11 in early trading before recovering, ultimately trading little changed to modestly higher, up as much as 2.6% on the day, according to Bloomberg.
The stock did not see the sharp sell-off some investors feared. A separate tranche of roughly 455.8 million shares remained locked up because SpaceX was trading below its $135 IPO price, a provision that limited the immediate supply of sellable stock. Shares had already lost more than half their value from their June 16 peak of $225.64 heading into the lockup date, which may have tempered additional selling pressure.
The community vote unanimously predicted no drop greater than 5% (0% "yes" on two votes), correctly anticipating the muted reaction.