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.
Q2 earnings reported Aug 4. The first tranche becomes sellable on the second full trading day after the report — earnings first, supply second, by design.
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 opens two trading days later. Dates tied to later reports remain estimates. Share counts from the 424B4 prospectus and analyst research.
If $SPCX closes at or above $175.50 on 5 of 10 trading days before the Q2 report, an extra ~456M shares unlock early. The trigger is reflexive — a rally through that level doesn't just reward holders, it releases more supply into the market. Strength creates its own selling pressure. That's why the desk watches the 10-day observation window as closely as the earnings date itself. If the trigger misses, those shares wait until December 8.
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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