Today, up to 9115 million shares of SpaceX have been unbanned, exceeding 140% of the current share capital in circulation, increasing the risk of short-term stock price fluctuations. Although revenue surpassed expectations and unexpectedly realized profits from the AI business, the stock fell 12% after the earnings report was announced. The ban will be lifted in multiple rounds on August 12 and 20 days later, and more than 4 billion shares will be converted to tradable shares by the end of the year. Even if the market remains focused on its long-term fundamentals, this could create potential selling pressure.

Today, up to 9115 million shares of SpaceX have been unbanned, exceeding 140% of the current share capital in circulation, increasing the risk of short-term stock price fluctuations. Although revenue surpassed expectations and unexpectedly realized profits from the AI business, the stock fell 12% after the earnings report was announced. The ban will be lifted in multiple rounds on August 12 and 20 days later, and more than 4 billion shares will be converted to tradable shares by the end of the year. Even if the market remains focused on its long-term fundamentals, this could create potential selling pressure.