SpaceX surges 24.5% against the odds: 900 million shares unlocked without crashing the stock price, $16.8 billion invested in building a chip factory to bet on space AI SpaceX sets a Wall Street record for the largest share unlock in history—over 900 million shares (equivalent to 140% of the initial float) were unfrozen, with the proportion of circulating shares jumping from less than 5% to 12%. Yet the stock price didn’t drop but instead soared by 24.5%, leaving short sellers betting on a 'flood of shares + reckless spending' empty-handed.