SpaceX IPO lockup sets 20% unlock after Q2 2026 earnings, with 180-day period ending mid-December 2026
SpaceX’s IPO lockup structure includes an initial 20% unlock on the second full trading day after its Q2 2026 earnings are published, with a further 10% tranche available if SPCX closes above $175.50 for at least five of ten sessions at that time. The standard 180-day lockup is set to expire around mid-December 2026, while core shareholders remain restricted until around June 2027. The article argues that this schedule overlaps with a projected IPO window for OpenAI, Anthropic and other AI heavyweights from H2 2026 into early 2027. It says the clustering could concentrate liquidity outflows and create broader selling pressure risks for SPCX and the Nasdaq.