Key facts
- SpaceX will see $42.5 billion in shares become available for trading on August 20.
- The unlock event involves approximately 319 million shares.
- The company expects to unlock around 700 million shares in both September and October.
- This follows a prior unlock of 911 million shares earlier in the month.
SpaceX is preparing for a significant unlock of its shares, with approximately $42.5 billion worth of stock set to become available for trading on August 20. This event will release 319 million shares into the market. The company's prospectus indicates that further substantial unlocks are anticipated in the subsequent months, with around 700 million shares expected to become available each in September and October.