SpaceX float doubles as 911.5M-share unlock begins
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- SpaceX (SPCX:NASDAQ) had approximately 911.5 million shares become eligible for trading today, representing about 140% of its current public float, after the second-full-trading-day-post-earnings qualifying condition was met.
- The unlock was triggered by SpaceX's first earnings release rather than a calendar-based lockup expiration, making the second full Nasdaq trading day after the release the operative milestone.
Why it matters: Because 911.5 million shares—140% of the prior float—are now eligible, SpaceX's effective tradable share count on Nasdaq more than doubles overnight, reshaping supply/demand dynamics for SPCX on day one of trading eligibility.
