BlockBeats News, August 6th, SpaceX is set to unlock up to 9.115 billion shares today, representing over 140% of the current publicly traded shares, which may lead to increased short-term price volatility.
Previously, the company saw a 12% drop in stock price after its earnings report, despite surpassing revenue expectations and unexpectedly generating profits in its AI business. Subsequent shares will continue to unlock on August 12th and 20 days later.
By the end of this year, it is expected that over 4 billion shares will enter the trading pool, potentially creating sustained selling pressure on the stock price, although the market is still focused on the company's long-term fundamentals.

