SpaceX Early Investors Could Sell 37% of Shares in August

SpaceX closed at $201.80 per share on June 16, 49.5% above its $135 IPO price. Early investors may sell up to 37% of their shares after the company reports second-quarter earnings in early to mid-August. The lockup schedule allows transfers of up to 20% of Early Release Eligible Shares after the second full trading day following the earnings release.