751
SpaceX stock drops to a new low and loses $1 trillion in value in a month
(www.businessinsider.com)
this post was submitted on 18 Jul 2026
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We ain't seen nothing yet. In 2-3 weeks the Q2 report will release at which 20% of stocks held by employees will be unlocked, which has hit even profitable and not-fantasy-based companies hard in the past. There will also be a wave of resignations from people who cash out and if that takes key people then investors back off even further. My guess is fElon wants the stock to stay high until next summer when he can sell, but he NEEDS it to stay high until November when early investors can cash out. He has borrowed billions from people you wouldn't want to owe $1 and been delaying and juggling for a few years with tacking together this SpaceX nonsense amalgamation.
Is that going to be 20% of stock held by each employee can be sold, or 20% of employees can sell their stock?
If it's the latter then yes, I can see them cashing out and leaving.
20% of all stocks, specifically those held by employees.
That doesn't make sense so I went and looked it up.
So each employee can sell 20% of their stock (probably options, but since they've had an "Employee Share Purchase Plan" (ESPP) some will hold actual shares). If 80% of someone's holdings are dependent on them staying at SpaceX I doubt many will leave after selling 20%.
Who would be crazy not to dump