SPCX news
The gist
SPCX fell 4% to $148.36 on Wednesday, its sharpest drop in nearly two months.
A lockup release and an executive share sale are testing the stock's post-IPO float.
How it unfolded
- Sep 21, 2026SpaceX's Nasdaq-100 weighting rose to 2.82% from 1.28% in the quarterly rebalance, making it the index's seventh-biggest company by market value, above $2 trillion. SPCX shares edged down 0.48% to $151.97.
- Sep 23, 2026SpaceX President and COO Gwynne Shotwell filed a Form 144 with the SEC to sell 342,170 shares worth nearly $52 million. SPCX fell 4% to $148.36, its sharpest selloff in nearly two months, down 3% for the week and on track to snap a four-week winning streak.
- Sep 24, 2026Up to 328 million shares became eligible for sale in the latest lockup release; the prospectus permits another 7% of the standard lockup pool to be released 105 days after its June 12 date. Stocktwits sentiment on SPCX slipped to 'bearish' from 'neutral' as message volume jumped 74% over 24 hours.