SpaceX float more than doubles as 140%-of-float share unlock begins (SPCX:NASDAQ) - Seeking Alpha
SpaceX shares have seen a significant increase in trading volume as a large portion of the company's float becomes eligible for public trading. This follows the company's second earnings release on the Nasdaq.
Why it matters
The unlocking of shares significantly impacts market liquidity and investor access to one of the world's most prominent private space companies.
SpaceX float more than doubles as share unlock begins (SPCX:NASDAQ) | Seeking Alpha
) sees approximately 911.5 million shares, representing about 140% of its current public float, become eligible for trading today after the qualifying condition—the second full trading day on Nasdaq following the first earnings release date—was met.
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