Trader Ouyang Zhuobai: SpaceX shares will reach their lock-up period peak from August to November, and the stock price may face pressure over the next six months.
1 hours ago
Renowned trader Ouyang Zhuai Bai stated in a post that SpaceX shares will hit a lock-up peak between August and November, with its floating share capital projected to jump from 640 million to 5.2 billion shares. The unlocked portion mainly comes from employee stock holdings. He argues that this influx of large amounts of individual-held shares into circulation could create significant selling pressure. Regardless of SpaceX’s long-term prospects, he notes, its share price is unlikely to rally sharply over the next six months. Shares held by institutional investors will unlock gradually from January to June next year, but on a smaller scale. The 52% stake held by Elon Musk is set to unlock in June 2027, though he believes the founder has no strong incentive to sell in the short term.
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trade.xyz has acquired Unitree's code, and is expected to launch contract trading for Unitree Technology.
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