SpaceX overhang threatens AI IPO launch window
SPCX•SpaceX share unlock could pressure AI listings
About $100 bln of the rocket-maker’s shares are about to be eligible for sale, potentially compounding a post-debut slump. Bankers plotting listings for private giants like OpenAI and Anthropic will be watching closely: a sharper fall could weigh upon the buyers they need to tap.
On August 6, about 20% of SpaceX's eligible locked shares become available to sell. An extra 10% could become unrestricted if the stock trades 30% or more above the rocket-maker’s initial public offering price during five of the 10 consecutive trading days after its first earnings release.
