SpaceX is planning to go public on June 12th, 2026. According to the S-1 filing, the company is doing a staggered lock-up during the 180-day traditional lock-up period. So current and ex-employees will have several opportunities to sell shares as part of an early release program.
SpaceX Post-IPO Lockup Rules:
- First cliff: 20% of eligible shares can be sold after Q2 earnings are released (earnings calls will happen between mid-July and September)
- Performance-based release: if the stock trades 30%+ higher than the IPO price during 5 of 10 consecutive trading days before the first earnings release date up to an additional 10% of shares can be sold early
- Staggered time-based releases (5 in total): up to 7% additional shares can be released at each of the 5 post-IPO timeframes (70, 90, 105, 120, and 135 days)
- Final early release: up to 28% more shares after the Q3 earnings call (earnings calls will happen between mid-October and December)
- Lock-up ends: all restrictions lifted after 180 days (mid-December)
Current employees will still be subject to company trading policy. Rules differ for founders shares and other executives, including individuals with MNPI.
When Can Employees Trade SpaceX Stock?
SpaceX IPO · Share Lockup Release Schedule
Cumulative % of eligible shares that can be sold · June 12, 2026 IPO assumed
| Event | Est. Date | Type | Release | Cumul. (Base) | Cumul. (Max) |
|---|
Financial Advisor for SpaceX RSUs and Options
Darrow Wealth Management specializes in pre-IPO equity compensation planning. Through ongoing asset management and financial planning support, we guide clients through the IPO process and entire sudden wealth journey, from diversification strategies and cash flow projections to reducing tax from sales and investing post-IPO proceeds.
If you have SpaceX stock and are looking for a long-term financial planning partner ahead of the liquidity event, book a consultation with an advisor today.
Darrow Wealth has a $2M investment minimum. Proceeds from the IPO can count toward this threshold, however, clients whose primary asset is SpaceX equity should have vested shares worth $5M or more, assuming no other significant investable assets. As a fee-only registered investment advisor, our fees are based on assets under management (AUM).
