SpaceX (NASDAQ: SPCX) went public at $135 per share on June 12. Its stock soared to a record high of $225.64 on June 16, but it trades at about $110 as of this writing. Three major issues are driving its stock lower: its sky-high valuation (still at 76 times its 2025 sales), the staggering losses in its AI division, and expectations for its float to roughly triple by December.
Of these three headwinds, the last one is the most unpredictable because it could limit its upside potential as more insiders cash out. Let's see why that's such a major problem.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SpaceX only sold about 5% of its shares in its IPO. However, it won't bar its insiders, early investors, and large institutional investors from selling their shares with a traditional 180-day lockup period. Instead, it will allow those investors to sell their shares in several waves.
The first wave -- which unlocked 20% of its shares -- occurred on Aug. 6, the second trading day after its second-quarter earnings report on Aug. 4. It will unlock another 7% of its shares on Aug. 20, Sept. 9, Sept. 24, Oct. 9, and Oct. 24. On the second trading day after its third-quarter earnings report, it will unlock 28% of its shares. On Dec. 8, it will unlock all of its remaining shares.
#NVIDIA #signal #SpaceX #june
Of these three headwinds, the last one is the most unpredictable because it could limit its upside potential as more insiders cash out. Let's see why that's such a major problem.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SpaceX only sold about 5% of its shares in its IPO. However, it won't bar its insiders, early investors, and large institutional investors from selling their shares with a traditional 180-day lockup period. Instead, it will allow those investors to sell their shares in several waves.
The first wave -- which unlocked 20% of its shares -- occurred on Aug. 6, the second trading day after its second-quarter earnings report on Aug. 4. It will unlock another 7% of its shares on Aug. 20, Sept. 9, Sept. 24, Oct. 9, and Oct. 24. On the second trading day after its third-quarter earnings report, it will unlock 28% of its shares. On Dec. 8, it will unlock all of its remaining shares.
#NVIDIA #signal #SpaceX #june
2 months ago
