SpaceX is hitting a major market milestone as it prepares to release its first financial reports and unlock a massive chunk of previously restricted stock — a move that could trigger another dip in its already shaky share price. With less than 5% of shares available during its June IPO, initial hype quickly faded, and now, thousands of employee and early investor shares are poised to flood the market, many earmarked for big purchases like homes and cars. Short sellers are already betting on a price drop, though not all shares may hit the market — and ironically, those same short sellers might end up propping up the price when forced to buy back. This moment could signal a cooling of AI stock mania, echoing past tech bubbles where lockup expirations led to market corrections.
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