#SpaceXUnlockLooms

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About SpaceXUnlockLooms

SpaceX reports its first earnings since listing after the US close August 4, but the real test comes after. Eligible holders can sell up to 20% of restricted shares on August 6, about 911.5M shares, over $100B at recent prices, exceeding the public float. It closed at $108.37 on July 31, near 20% below the $135 IPO price and near half its June high of $225.64. Starlink revenue grew 50% YoY, but the firm lost nearly $5B last year. Whether earnings show a profit path decides if the unlock clears.

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