About 95% of SpaceX's 13.08 billion shares were locked at the June 12 IPO. They come free in stages over the next year, and each stage adds supply to a float that started near 5%. This page tracks all of it.
The first tranche opened Aug 6, and employee tranches have rolled out since. The next large release is gated behind the Q3 report, expected early November. SpaceX hasn't confirmed the date, so the countdown is an estimate.
All 13.08 billion shares outstanding, by lockup status. The amber sliver is everything that has traded since June 12.
Q2 earnings reported Aug 4, 2026; the first tranche opened two trading days later. Dates tied to later reports remain estimates. Share counts from the 424B4 prospectus and analyst research.
If $SPCX closed at or above $175.50 on 5 of the 10 trading days before the Q2 report, an extra ~456M shares would have unlocked early. It missed: the stock spent that window far below the line, bottoming at $107.01 on Jul 28. Those shares now wait until December 8. The lesson still holds: the trigger was reflexive, so a rally through that level would have released more supply into the market.
The Desk Report covers every tranche as it opens — what unlocked, who's filing to sell, and what it did to the float. Free, most mornings.
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