what is the lock up period for spacex ipo

SpaceX’s IPO lockup is not a single standard six-month hold. Most pre-IPO shares are subject to a staged release schedule, with the remainder fully eligible for sale after 180 days, while Elon Musk and certain major investors are locked for 366 days.

How it works

• Up to 20% of eligible shares can be sold after SpaceX releases its first post-IPO quarterly earnings.

• Another 10% may unlock if the stock trades at least 30% above the IPO price for 5 of 10 trading days.

• Additional 7% tranches unlock at 70, 90, 105, 120, and 135 days after the IPO.

• Another 28% can unlock after the company’s second earnings report as a public company.

• Any remaining restricted shares become sellable at 180 days.

Important exception

Elon Musk and some significant investors reportedly agreed to a 366-day lockup, so their shares stay locked much longer than the standard investor schedule.

In plain English

So the answer is: about 6 months for most shares, but with early staged unlocks, and 1 year for Musk and certain major holders.

Would you like the unlock timeline laid out as a simple day-by-day table?