[SpaceX's Second Lock-Up Expiration Planned After Q3 Earnings Announcement, First Round's 912 Million Shares Entering Market May Raise Concerns of Stock Price Decline] According to the Financial Times, the first lock-up period following SpaceX's initial public offering (IPO) will expire on August 6, sparking market concerns that the additional supply could put pressure on the stock price. This round of expiration is expected to involve approximately 912 million shares, equivalent to twice the current number of shares in circulation. Currently, less than 5% of SpaceX's total shares are tradable on the market, but after the first lock-up period ends, the tradable proportion will increase to about 12%. The end of a lock-up period typically adds selling pressure to the market and may lead to short-term volatility. Historical data shows that lock-up expirations on average can result in a stock price decline of about 1.5%, though the specific impact depends on the scale of investor selling and market demand.