SpaceX Staggers Lock-Up Releases for Investors -- WSJ

Dow Jones05:55

By Corrie Driebusch

Elon Musk and certain significant investors have agreed to not sell their stock for 366 days after SpaceX starts trading. Other pre-IPO investors are held to a 180-day lock-up. Those investors have the chance to sell earlier, though, through "early-releases."

Up to 20% of early-release eligible shares may be sold shortly after SpaceX reports its first quarterly results. An additional 10% of those shares are released if SpaceX's stock remains at a certain level leading up to its first earnings date.

There are additional releases of shares at staggered intervals, including after the company reports its second quarterly earnings as a public company. Musk and other insiders aren't eligible for early releases.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 20, 2026 17:55 ET (21:55 GMT)

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