The most important SpaceX detail nobody is talking about: the lockup is staggered.
There is no single 180-day cliff. Insiders get to sell in tiers, starting MUCH earlier than a standard IPO.
Here’s exactly when insiders can start selling:
After Q2 2026 earnings (around August 11): Up to 20% unlocks. Another 10% on top if SPCX trades 30%+ above the $135 IPO price (so $175.50+) for 5 of the prior 10 sessions.
Five time-based tranches at 70, 90, 105, 120, and 135 days post-IPO. Each releases 7% of eligible shares.
After Q3 2026 earnings (late October to early November): Another 28% unlocks.
180 days post-IPO (around December 9): Everything else unlocks.
Elon and certain major investors get a longer 366-day lockup. They stay locked until around June 2027.
Some context on the size:
The IPO sold around 555.6M shares, representing roughly 4.2% of total shares outstanding. The other 95.8% was locked pre-IPO. The staggered pool (employees and early backers) is where the early releases happen.
The structure is smart. It spreads selling pressure instead of concentrating it on one day.
Still, watch August earnings closely. That is the first real wave of potential selling, up to 30% of eligible shares. After that it drips steadily through fall.
Float is tiny right now, so volatility cuts both ways.
Not financial advice. This is the lockup mechanics from the S-1 and reporting.
🚨 BREAKING NEWS: Tens of thousands of Spencer Pratt voters are now receiving rejection letters from the county clerk saying that their ballots were not counted due to signature irregularities. Yet, Governor Gavin Newsom just passed legislation that would make it illegal for anyone conducting oversight, to contest signatures that they deemed fraudulent. Democrats allow ballots to be signed with an X, a -, or a 🙂 to pass and count, but all of a sudden, only Republican signatures are being flagged for irregularities, rejected, and not counted. 🤔 One of these California Republican voters said that his signature has been on file for over 20 years and there has never been an issue until he voted for Spencer Pratt. Nithya Ramen has beaten Spencer Pratt by less than 3000 votes. There are at least 18,000 Pratt voters who received this letter saying their votes were rejected.
Going live today to cover the California Election madness.
Today’s guest hosts, @camhigby and @choeshow, break down OMG’s latest findings on election fraud in Los Angeles, California.
🚨 Meet Doris, she lives in California and is registered as a 126 year old who has voted in 51 elections and has NO IDEA.
California’s voting system is so corrupt that by simply knocking on the door of the “126 year old” proves election fraud.
EXPOSE IT ALL.
🚨Los Angeles Election Fraud Caught on Hidden Camera
LA election petitioners were caught on tape giving homeless individuals other voters' information, instructing them to forge voter names and signatures, and offering cash and drugs as incentives to register to vote.
CALIFORNIA ELECTIONS FRAUD CASH FOR BALLOTS PART I: Homeless Bribed with Cash & Drugs In Exchange For Registering To Vote & Signing Election Petitions Caught On Tape Undercover On Skid Row In California.
“You can just put Pinocchio Lane.”
California NGOs Encourage Fake Addresses To Homeless People To Sign Petitions & Register Voters, A State & Federal Felony. Footage Shows 28 Instances Of Cash Changing Hands For Ballot Signatures & Voter Registration Forms. Many of the petitioners had no understanding of the petitions’ purpose they were advertising. Circulators also instructed individuals to use fake addresses. “Oh, you can just fake an address.”
Weingart Center, which received hundreds of millions in public funding, is on tape directing people to where the fraudulent petitioners are located, and directing homeless individuals to petitioners & coaching plausible deniability. “See they say ignorance is no excuse for the law. But a lot of times, I have to say ‘I didn’t know, I had no idea.’”
We encountered 28 instances of petitioners offering cash, cigarettes, and marijuana for signatures on petitions.
Weingart employees advised: “See they say ignorance is no excuse for the law. But a lot of times, I have to say ‘I didn’t know, I had no idea.’” All happening outside taxpayer-funded housing organizations. Weingart CEO earned $432,000 before resigning from the Los Angeles County Affordable Housing Solutions Agency.
James O’Keefe and the OMG Team went undercover on Skid Row, posing as homeless individuals. On hidden cameras, petitioners admitted they are paid $7–$10 per signature, sometimes earning $1,000 or more per day, collecting signatures from individuals with minimal knowledge of what they were signing.
“$7 a signature, $5 a signature, $10 a signature.”
“We gon’ give you $2.”
Populus Inc., a political consulting firm, was circulating petitions funded by @Uber, @Delta, @United, and the American Hotel & Lodging Association (@AHLA). On camera, one petitioner said, “We have one that taxes billionaires 5%. One-time tax. 5% and that’s gonna go towards healthcare.” Other petitions sought to overturn LA’s $30 minimum wage for hotel and airline workers.
Paying per signature and encouraging fake addresses violates federal and state election law and is proof of fraud happening in California.
Weingart employees were caught directing the homeless to the location of the petitioners and coaching them on plausible deniability. Intake coordinator Jason Warren told an undercover journalist exactly where and when to find them:
“Most time they be right across the street, under that tree… Monday through Friday.”
In 2016, nine individuals were arrested on Skid Row for exchanging cash and cigarettes for signatures; in 2019 they were charged on 14 counts under the exact same California Elections Code section.
Yet when confronted, nearby LAPD officers dismissed the activity as “a civil lawsuit.”
“Paying per signature violates state election law and is evidence of election fraud in California,” the investigation concludes. On Skid Row, we captured conduct on tape that violates Federal Law 52 U.S. Code §10307 and state law California Election Code §18603.
Part II coming soon.
@CAgovernor@MayorOfLA@AGPamBondi@TheJusticeDept@NathanHochmanDA@GovPressOffice@LADAOffice@CASOSVote@USAttyEssayli@GavinNewsom
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This is my parents’ house. This is why I’m running. This is coming for your home. It’s coming for your industry. If not by fire, then by blight, addicts, fraud, and the slow rot created by corrupt politicians like Karen Bass. Wake up and VOTE.
If that addict on your street were your own son, what would you do? That is the defining question that guides my 5 step plan to fix the homelessness problem in LA. We *must* end this evil racket of corrupt politicians and NGOs who profit off the misery of these poor souls. They launder money and feed them more drugs, so they can keep their customers locked in this hell on our streets. We have a moral obligation from God to help them and make our city safe and clean for everyone. Karen Bass and Nithya Raman have forsaken this city. Time for real leadership. Time for real compassion.
Seriously guys, whatever happened to:
• the DOGE checks
• tariff checks
• the Greenland hospital boat
• 10% APR on credit cards
• my meds being 1500% cheaper
• $2 gas
• the Epstein files
• reopening the Strait of Hormuz that was already open
• cheaper groceries
• ending wars in 24 hours
• the “privately funded” ballroom
Any updates?
Hasan Piker just a few years ago:
“I wanna fucking kill [Charlie Kirk].”
The democrats then begin campaigning with Hasan, as Yale University hosts him for a speech.
Well well well… it was acceptable when she said it during her campaign, but unacceptable when Trump is actually carrying it out.
I’d say this didn’t age well, but it’s really just the hypocrisy.