Wall Street Fears Mass SpaceX Stock Selloff as Lock-Up Periods Expire

Executive Briefing

• Concerns mount that early SpaceX investors will sell shares once lock-up periods expire, potentially flooding the market.
• Tradable supply is projected to roughly double in late August and reach one-third of the company by Halloween.
• Major backers like Andreessen Horowitz hold stakes exceeding $10 billion, creating enormous profit-taking incentives.
• Sequoia Capital's Shaun Maguire pledged to hold shares 'forever,' citing SpaceX's unprecedented mission and vision.
• Staggered lock-up releases running September through November could trigger significant market volatility before December's 180-day milestone.