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r/StockMarket - Reddit's Front Page of the Stock Market·/u/Zipski577·3 days ago
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At IPO pricing/trading, SpaceX shares would become eligible for Nasdaq and Russell index inclusion, but no early-release eligible shares unlock at that point. They are expected to be added to the indices after the first 5 trading days. The first actual unlock comes on the second trading day after the company’s first quarterly earnings release, expected around August. At that point 20% of early-release eligible shares can be sold. However, 10% of early-release eligible shares will unlock when/ if the stock price crosses a 30% hurdle above the IPO price. I’d assume this get triggered very quickly. submitted by /u/Zipski577 [link] [comments]

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