SpaceX lockup expiration
Created at 149.**.48.72 186 1 0

According to ChatGPT:

The actual first lock-up expiration is scheduled to take place on Thursday, August 6, two trading days after the earnings announcement.
At this time, approximately 20% of the shares held by early investors and employees will become available for sale.

To summarize:
August 4, 1:00 PM (California time): Earnings announcement
August 6, US market open (9:30 AM Eastern / 6:30 AM California): First lock-up expiration and selling begins

Looks like August 6th will be popcorn time...
I wonder how it'll turn out...

For the record, I bought 1 share as a scout right after SpaceX 2x Leverage (SPCH) listed, but of all days, the listing day happened to be the peak...
Currently at -75.55%. Thank goodness it was just a scout... -_-;;
I hope no one got heavily trapped, whether in SpaceX or leverage...

 

Tags Lock-up SpaceX Facebook X
Comments 1
74.**.83.128
SpaceX was pretty much a given, so I found it a bit strange that everyone was going crazy over it. For a company that doesn't even have solid earnings yet... I'm really just curious where the bottom will be. Entering the Nasdaq 100 for no good reason, it's going to drag down all our retirement funds ㅠ.ㅠ I'm worried about what the shock to the market will be like. Hopefully it is not a beginning of something... keeping the fingers crossed.
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