SpaceX (SPCX) has been continuously rallying since its listing. The reason might be simple: currently, only about 4.2% of the total outstanding shares are floating, with 96% of the shares still unable to be sold.
But the pressure of unlocking is already counting down: Up to 30% will be released after the Q2 earnings report, followed by an additional 7% unlocked approximately every 15 days. Another 28% will be released after the Q3 earnings report. The remaining portion will be fully unlocked on December 9th (the 180th day after the IPO).
Elon Musk's personal holdings are not included in the early unlock scope and have a longer lock-up period.






