Investors will gain first insight into SpaceX’s financials on Aug. 4, but Aug. 6 lockup expiry could trigger selling pressure.
SpaceX will release its first financial update since going public on Aug. 4, revealing Starlink subscriber growth and AI spending. The report will include CEO Elon Musk’s commentary and forward guidance, offering key insights into the company’s performance.
Two days later, on Aug. 6, the first lockup period expires, allowing early investors to sell up to 20% of their shares. If the stock had traded 30% above its IPO price for five of the prior 10 trading days, an additional 10% could have been sold, but the stock remains below its IPO price.
The lockup expiry will test market demand as IPO excitement fades, with potential selling pressure from early investors seeking liquidity.