00:00It's Benzinga, bringing Wall Street to Main Street.
00:02SpaceX investors are looking ahead to a major insider lockup expiration
00:06scheduled for June 2027, according to data compiled by Leverage Shares
00:10and posted on X by Special Situations.
00:14Public investors currently have access to about 5% of the company's outstanding shares
00:18after its public debut earlier this month.
00:21The lockup expiration could make a large block of insider-held shares eligible for sale,
00:26including shares held by Elon Musk.
00:29Eligibility does not mean insiders will sell,
00:31but the event could increase SpaceX's tradable float.
00:35Meta, Uber, and Rivian faced similar investor scrutiny after their IPOs.
00:41Investors remain focused on Starlink growth, artificial intelligence, XAI,
00:45and SpaceX's role in communications, defense, and technology markets.
00:49For all things money, visit Benzinga.com.
Comments