Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTSean Williams, The Motley FoolSat, July 4, 2026 at 3:26 PM GMT+2 4 min readThree weeks ago, Elon Musk's artificial intelligence (AI) and space infrastructure goliath, Space Exploration Technologies (SpaceX) (NASDAQ: SPCX), etched its name in Wall Street's record books.Prior to SpaceX, no public company had ever raised more than $29.4 billion from an initial public offering (IPO), including the underwriters' option. SpaceX practically tripled this figure by raising $85.7 billion from its June 12 IPO. It also made SpaceX one of America's largest businesses.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »But it'll take a lot more than IPO buzz and history-making moments to convince Wall Street that SpaceX is a stock retail investors should own. Despite several upcoming catalysts, including SpaceX's inclusion in the growth-focused Nasdaq-100, a massive potential fleecing of retail investors awaits, courtesy of the company's accelerated share lockup period.Image source: Getty Images.In addition to the largest-ever IPO capital raise, SpaceX's debut was unique in how few shares the company sold. While the 555.6 million shares sold might sound like a lot, it's less than 5% of the company's outstanding shares. Typically, companies that are going public sell 10% to 25% of their outstanding shares.SpaceX's historically low float (i.e., tradable shares), coupled with forced buying by index funds -- SpaceX was or will be added to the Russell 1000, Russell 3000, and Nasdaq-100 -- can artificially boost its share price.But this tailwind for SpaceX stock has a rapidly approaching end date. Once Musk's AI and space conglomerate reports its first quarterly operating results as a public company, currently estimated for Aug. 6, the clock starts ticking for insiders (high-ranking executives, board members, and early investors) to sell their shares.For early release-eligible shares, insider sales can begin two trading days following the first quarterly report. Here's the full breakdown for the early release unlock schedule:After two full trading days following the first public quarterly report (20% of early release shares)If SpaceX stock is 30% (or more) above its IPO price for five of 10 trading days ending on the second trading day after the first report (10%)Calendar day 70 after its June 12 IPO (7%)Calendar day 90 after IPO (7%)Calendar day 105 after IPO (7%)Calendar day 120 after IPO (7%)Calendar day 135 after IPO (7%)After two full trading days following its second public report in November (28%)Calendar day 180 after IPO (7%)Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info