SpaceX’s (NASDAQ:SPCX) share unlock timeline has two important milestones this month, with the free float set to jump to 11.8% today, August 6, and to 15.2% on August 20.
As the initial public offering (IPO) placed about 639 million shares into public circulation, the releases will significantly increase the stock’s tradable supply, potentially more than doubling it if the company proceeds with the schedule as planned.
While there is no certainty that early investors or employees will sell their holdings, a large number of new shares entering the market could have a meaningful impact on SpaceX share prices. Accordingly, we’ve asked ChatGPT to predict SpaceX stock price after the August 20 share unlock.
