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Musk Can't Sell SpaceX Stock Until June 2027, but 6 Billion More Shares Unlock Before Then

3-line summary

  • SpaceX went public on June 12, selling 638.9 million shares at $135 in its IPO and raising a record $85.7 billion; CEO Elon Musk, who owns more than 6 billion combined Class A and Class B shares (about 42% of the company by value), agreed to a 366-day lock-up barring him from selling until June 12, 2027, according to a Yahoo Finance report.
  • Early investors and employees face shorter lock-ups: the first release, on Aug. 6, unlocked just shy of 912 million shares, more than doubling shares available for sale, with further staggered releases scheduled over the coming year, including one two full trading days after Q3 2026 results.
  • By spring 2027, about 10 times as many shares will be eligible for sale as were sold in the IPO, and by mid-June 2027, when Musk can finally sell, roughly 20 times as many shares will be eligible as at the IPO.

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