SpaceX Sets First 20% Employee Share Unlock After Q2 Earnings
SpaceX's first employee share unlock is set for after its second-quarter earnings, with an initial tranche of roughly 20% slated for release in the period from mid-July to September. The timetable marks the first concrete post-listing milestone after the company completed a record $75 billion IPO at $135 a share, valuing it at $1.77 trillion.
The timing matters because it gives investors a clearer sense of when more employee-held stock may become available to trade after a volatile debut. SpaceX opened at $150, climbed as much as 30% in its Nasdaq debut and finished its first session about 19% higher at roughly $161, leaving it with a market value near $2.1 trillion.
From the sources (25 posts)
@firstsquawkSPACEX PRICES RECORD IPO AT $135/SHARE, RAISING $75B THROUGH SALE OF 555.6M SHARES.
@sawyermerrittSpaceX has officially confirmed that they are on track to IPO tomorrow at $135 per share! 🚀 "SpaceX today confirmed the pricing of its initial public offering of 555,555,555 shares of its Class A common stock, at a public offering price of
@techmemeSpaceX raises $75B in the biggest-ever IPO, after selling 555.6M shares at $135 each, giving it a market value of $1.77T (@btlipschultz / Bloomberg) (Visit Techmeme dot com for the link and full context!)
@exec_sumBREAKING: SpaceX raised $75B in the biggest IPO of all time
@stockmktnewzSpaceX has officially priced its IPO and raised the money SpaceX $SPCX is now the largest IPO in history
@ftMusk’s SpaceX raises $75bn in world’s biggest IPO
@reutersBREAKING: SpaceX priced the biggest-ever U.S. initial public offering at $135 per share, raising $75 billion on the sale of 555.56 million shares, valuing the space, satellite and AI provider at $1.77 trillion, a record for an initial offe
@businessThe $15 trillion ETF industry isn’t waiting long to see how SpaceX performs before turning it into a leveraged trading vehicle.
@brewmarkets.@hamilton_lane Co-CEO Erik Hirsch on one of the biggest question surrounding the @SpaceX IPO: Will private investors and public investors both win?
@axiosSpaceX's valuation nearly equals every top U.S. IPO since 2000
@kalshiJUST IN: SpaceX valuation nearly equals the combined value of every major US IPO since 2000
@morningbrewRT @brewmarkets: .@hamilton_lane Co-CEO Erik Hirsch on one of the biggest question surrounding the @SpaceX IPO: Will private investors an…
@briansozziRT @KobeissiLetter: This is absolutely insane: The SpaceX IPO has now drawn more than $70 BILLION worth of retail orders alone. SpaceX is…
@briansozziRT @YahooFinance: SpaceX is less than 48 hours out from its IPO. 🚀 The company is selling its shares at $135 each. Where do you think the…
@cryptoroverThe SpaceX IPO may create the biggest VC payday in history 💥 Google turned a $900M investment into over $120 BILLION. Peter Thiel’s Founders Fund turned $20M into potentially $50 BILLION. And Elon Musk’s original $100M stake is now worth
@cnbcSpaceX IPO will test how Wall Street prices ‘strategic tech’
@yahoofinanceRT @YahooFinance: SpaceX is less than 48 hours out from its IPO. 🚀 The company is selling its shares at $135 each. Where do you think the…
@businessSpaceX is poised to make history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire.
@barchartRT @BarchartNews: Trade SpaceX with leverage! The largest IPO ever is set to begin trading tomorrow! SpaceX seeks to raise $75B at a target…
@stockmktnewzWhat price do you think SpaceX $SPCX stock opens trading at tomorrow?
@cnbcSpaceX to close above $2 trillion market cap on its debut, prediction market traders say
@jseyff“This is spot Bitcoin part two, but with a massive IPO and leverage,” said @Todd_Sohn, chief ETF strategist of Strategas Securities. “The hype meter is off the charts.” Great article from Isabelle on the race to launch SpaceX related ETPs
@firstsquawkSPACEX IS SET FOR A RECORD-BREAKING IPO AT AN IMPLIED VALUATION OF ABOUT $1.8 TRILLION, POTENTIALLY MAKING IT ONE OF THE WORLD’S 10 LARGEST PUBLIC COMPANIES AND BRINGING ELON MUSK CLOSE TO BECOMING THE FIRST TRILLIONAIRE.
@unusual_whalesRetail investors bidding for shares in SpaceX’s initial public offering have submitted more than $100 billion in orders, per Bloomberg
@polymarketmoneyThere's now a 47% chance SpaceX closes day 1 of trading between a $2T - $2.5T market cap.