The first week of SpaceX’s (NASDAQ: SPCX) public journey has wrapped with the stock up 15%, and now all eyes are on the SpaceX share unlock timeline.
Notably, SpaceX’s publicly tradable share base is poised to expand dramatically over the next 14 months, expanding the free float from 4.9% to 100% by September 2027, judging by the latest data compiled by Leverage Shares.
August 8 will mark the first major increase, when the free float will jump to 11.8%. On August 20, it will go up to 15.2%, and then up to 17.7% on September 9. After that, the SpaceX share free float is projected to reach 20.1% on September 24, 22.6% on October 9, and 25.1% on October 24.
Additional unlocks by the end of the year will come in sometime in November, when the float is set to reach 37.5%. Finally, the figure will climb to 40% on December 8.
2027 SpaceX share unlock schedule
The most significant event in the timeline, however, is scheduled for June 12, 2027, when CEO Elon Musk’s 46.1% stake becomes eligible for trading. More specifically, the free float is projected to surge from 50.8% to 96.9% in a single day on that date.
Overall, the process is expected to be completed by September 2027, with 100% of SpaceX shares becoming part of the free float. The date is particularly important as substantially increasing the stock’s tradable supply can potentially affect liquidity and price dynamics to a great degree.
In the near term, the first unlock is also significant as it comes after the highly anticipated quarterly earnings in August, which is already generating a lot of discussion, as the company has no immediate catalyst.
Featured image via Shutterstock
