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 \u00bb<\/a> <\/p>\n On Sept. 24, up to 328.4 million shares of SpaceX stock will be unlocked for sale. With a substantial number of shares potentially hitting the market, the company’s stock price could face significant pressure. <\/p>\n SpaceX currently has a market capitalization of roughly $2.05 trillion, and insider shareholders have the opportunity to lock in life-changing wealth by selling some of their stock at current levels. That doesn’t necessarily mean that these insiders don’t have confidence in the company. Employees at all levels of the company own SpaceX stock, and the company has seen enormous valuation growth from its early days through the lead-up to its IPO and short history as a publicly traded business. <\/p>\n The last lockup expiration for the stock occurred on Sept. 9 and coincided with a 3.9% decline for the company’s share price in the daily session. Given historical trading trends on days in which a large new tranche of shares becomes available for sale, it’s reasonable to expect that the stock will face some meaningful selling pressure on Sept. 24. On the other hand, that doesn’t necessarily guarantee that the stock will lose ground in the session or that it will move lower in the lead up to the next round of new shares becoming eligible for sale. <\/p>\n What about other lockup expirations for the stock? <\/p>\n While the lockup expiration for SpaceX stock on Sept. 24 looks to be a significant event, it’s actually part of a bigger lockup expiration chain on the horizon. Up to 328.4 million new shares will become eligible for sale on both Oct. 9 and Oct. 24. Up to 1.3 billion shares will become available for sale following the company’s Q3 earnings release, and roughly 800 million additional shares will then be unlocked for sale on Dec. 8 — but an even bigger lockup expiration is set to occur next year. <\/p>\n Story Continues <\/p>\n On June 12, one year after SpaceX’s IPO, CEO Elon Musk’s stake<\/a> in the company will become eligible for sale. According to the last available regulatory filings, Musk owns roughly 48.4% of the company’s stock. <\/p>\n Again, lockup expirations don’t necessarily mean a company’s share price will see a big pullback. If investors become more confident about the macroeconomic backdrop and SpaceX delivers encouraging business news, the company’s valuation could climb substantially even if some insiders sell stock. The lockup expirations mean a large number of shares will become unlocked for sale by insiders, but the stock could still climb through and after these events if there is strong market demand. <\/p>\n What’s next for SpaceX? <\/p>\n While SpaceX trades at a highly growth-dependent valuation that makes its stock a risky play, the company’s business performance has generally looked encouraging recently. In its August Q2 report, SpaceX announced a loss of $0.09 per share on sales of $7.81 billion — significantly better than the average analyst estimate, which called for a per-share loss of $0.26 on revenue of $6.93 billion. <\/p>\n SpaceX’s revenue increased 92% year over year in the quarter, and its net loss narrowed to $541 million from roughly $1 billion in the prior-year quarter, even as the company continued to spend heavily to improve its position in the artificial intelligence (AI) market. While Musk’s company remains best known for its Starlink and rocket businesses, AI is actually the most important part of the business’s growth strategy. If SpaceX succeeds in its ambitions in the category, selling pressures connected to lockup expirations won’t matter over the long term. <\/p>\n Should you buy stock in Space Exploration Technologies right now? <\/p>\n Before you buy stock in Space Exploration Technologies, consider this: <\/p>\n The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks<\/a> for investors to buy now\u2026 and Space Exploration Technologies wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. <\/p>\n Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $433,160!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,296,254!* <\/p>\n That performance is why people listen. With a track record of beating the S&P 500 by 4x, Stock Advisor offers a distinct advantage. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of September 15, 2026. <\/p>\n Keith Noonan<\/a> has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: Getty Images. SpaceX’s lockup expirations could pressure the stock <\/p>\n