---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41760129.md"
description: "Tonight, $Space Exploration Tech(SPCX.US) goes public. There are several key milestones worth watching:On 6.12, the listing day, 4.2% of the float will be released;On 7.7, Nasdaq gave SPCX the green light to join the Nasdaq 100 just 15 working days after listing, which will bring passive buying from index funds;In early August, after the Q2 earnings report, a lock-up release of 7% occurs. If the stock price exceeds 30% above 135 at that time, an additional 3.5% will be released, totaling a maximum release of 10.5% of the float;In early November, after the Q3 earnings report, another 10% lock-up is released;There might be a surge after the listing tonight, but this doesn't reflect the fundamentals; it's more about the low float premium. The subsequent two rounds of lock-up releases will involve 2~3 times the number of shares in the IPO float. So, before the lock-up releases, it might be more like a game of greater fool theory."
datetime: "2026-06-12T07:34:08.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41760129.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41760129.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41760129.md)
author: "[lyhalfway](https://longbridge.com/en/profiles/3372973.md)"
---

# Tonight, $Space Exploration Tech(SPCX.US) goes pub…


### Related Stocks

- [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md)
- [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md)

## Comments (7)

- **爱吃菠萝包的猫 · 2026-06-12T10:27:54.000Z**: Uncle Yaren, it's my first time encountering an IPO with this level of hype. Although I might not participate myself, I'm quite curious.When the vast majority of voices in the entire market are bullish, and it's confirmed that the Nasdaq fast track has a large amount of passive buying, will the shor
  - **lyhalfway** (2026-06-12T10:32:51.000Z): Hmm, it might be like this before the lock-up period ends. After all, the float shares are too few compared to the demand. Before the supply issue is resolved, selling pressure will be absorbed.
- **烧焦的大石头 · 2026-06-12T08:26:36.000Z · 👍 7**: The lock-up expiration period coinciding with the IPO listings of O and A, that's like a comet hitting the Earth 😄
- ***烟火声* · 2026-06-12T07:51:03.000Z**: Okay, let's observe again at the end of the year.
  - **lyhalfway** (2026-06-12T08:07:15.000Z): Building positions in batches is more prudent.
  - ***烟火声*** (2026-06-12T08:22:28.000Z): Okay
- **护花使者爱理财 · 2026-06-12T07:49:02.000Z · 👍 1**: The starry sea👀👀