SpaceX is trading 3.2% down at $135.18 as a scheduled August 20, 2026 lockup expiration could make roughly 319 million additional shares eligible for trading.
- Available-supply concerns have pressured shares since August 18, when they closed at $139.65 after declining 2.57%.
- Broader technology-stock weakness and rising Treasury yields are adding pressure.
- The move follows recent declines after the company’s first earnings report; the clearest immediate catalyst is the unlock rather than a new announcement.