Within this year, SpaceX may have over 4 billion shares entering the market, putting short-term pressure on the stock price

BlockBeats News, August 6th, SpaceX is set to unlock up to 9.115 billion shares today, representing over 140% of the current outstanding shares, which could lead to increased short-term stock price volatility.

Previously, the company's stock price dropped by 12% after the earnings report, despite revenue exceeding expectations and the AI business unexpectedly turning a profit. Subsequent shares will also unlock on August 12th and 20 days later.

By the end of this year, it is expected that over 4 billion shares will become tradable, potentially creating sustained selling pressure on the stock price, although the market is still monitoring the company's long-term fundamentals.

Source: BlockBeats

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