More than 900 million SpaceX shares unlock today. Here’s what to know - CNN
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- SpaceX insider lockup expired today, unlocking more than 900 million shares and freeing $101 billion in stock, per qz.com.
- SpaceX stock dropped on ballooning AI infrastructure costs, with The Economist and WSJ noting investors are doubting Elon Musk's broader ambitions.
Why it matters: The lockup frees $101 billion in stock the same day SpaceX shares are already under pressure from AI capex concerns, giving newly unlocked holders an immediate exit into a market rattled by the same spending that triggered the slide.
