POPA ReconSpaceX Faces Massive $100B Share Unlock
SpaceX Faces Massive $100B Share Unlock SpaceX insiders become free to sell roughly 911.5M shares on August 6, two trading days after the company's first earnings report as a public company. At $114.78 that's about $105B - one of the largest lockup releases in market history, from a company whose public float at IPO was under 5% of shares outstanding. Revenue came in at $7.81B, up 92% year over year and 13% above consensus, with the AI segment up 247%. The stock closed up 9.4% on the day - and has given all of it back since, down 8.4% today, because capex hit $18.37B for the quarter, nearly…
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