SpaceX employees generally can start selling some shares after the company’s first quarterly earnings report as a public company , but not all shares at once. For most insiders and employees with stock, the rest unlocks gradually over the next several months, with a broader free-selling point around 180 days after the IPO.

What the schedule looks like

  • Some eligible shareholders can sell up to 20% of their holdings after the first post-IPO earnings report.
  • An additional 10% may become sellable if the stock trades well enough after that report.
  • More shares unlock in steps at 70, 90, 105, 120, and 135 days after the IPO.
  • Another major unlock happens after the second post-IPO earnings report, and the remaining shares are generally free to sell after 180 days.

Important exception

Some employees and selected buyers were reportedly carved out for special treatment and may be exempt from the usual lock-up restrictions, while Elon Musk himself remains under a longer restriction.

Plain-English version

So the short answer is: not immediately at IPO, but potentially within weeks after the first earnings report for some shares, and then more fully over the following 6 months.

TL;DR

SpaceX employees with stock will likely start being able to sell in stages after the IPO’s first earnings report , with most shares fully unlocked by about 180 days post-IPO.