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CoinEx News: After SpaceX went public on June 12, only about 4.3% of its SPCX shares can actually be traded right now — the other 95%+ are still locked and can't be sold yet. The first batch is set to unlock around SpaceX's first earnings report, expected late July to early August. If that report comes on time, up to 20% of the locked shares could become sellable, plus another 10% if SPCX is trading at least 30% above its $135 IPO price. Once that late-July window opens, buyers will have to absorb a large block of newly unlocked shares all at once, so the pressure around that time could run fairly high.
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