SpaceX's first round of 912 million restricted shares were lifted on August 6th, and the market is concerned about stock price fluctuations

According to the Financial Times, SpaceX's first round of restricted shares will expire and be released on August 6th, involving approximately 912 million shares. This quantity is equivalent to twice the current number of circulating shares in the market, and after the lifting of the ban, the proportion of tradable shares will increase from less than 5% to about 12%. The market is concerned that new supply will put pressure on stock prices, and historical data shows that the average stock price at the end of the lock up period has fallen by about 1.5%.