SpaceX faces ~60M shares of selling pressure as 328M shares unlock
JOBhakdi · x · 2026-09-24
328 million $SPCX shares are unlocking tomorrow. Many holders are employees with nearly all their net worth in one stock, and even bullish ones typically sell 20% to diversify — roughly 60 million shares of new supply. Against 90 million shares of daily volume, that's meaningful selling pressure. Key condition: holders only sell if the stock trades well above the $135 IPO price; below that, the overhang doesn't materialize.
More from Venture
- Ten banks back $22B loan for Alphabet-Blackstone AI cloud JV Crux AI — Beth_Kindig · 2026-09-24
- 1789 leads Polymarket's ~$1B round with a ~$300M check for its second growth fund — nmasc_ · 2026-09-24
- How one dev cut scraping costs from $1000/month to $70 with Claude Code and residential proxies — Rankspartanben · 2026-09-24
- Full course: automating SEO & AEO with AI agents built on Opus 5.5 — EXM7777 · 2026-09-24
- Indie maker on 10 years of grinding: luck beats talent, but only with hard work — nico_jeannen · 2026-09-24
- treg.to skill taps 60 data providers for agent lead enrichment: 20 verified emails for $0.58 — rohanpaul_ai · 2026-09-24