I just asked AI how the lock-up periods work: • After Q2 earnings (late June): up to 20% of insider shares unlock • 70–135 days post-IPO: 7% unlocks 5 times (35% total) • After Q3 earnings (Oct–Dec): another 28% unlocks • 180 days post-IPO (mid-Dec 2026): all remaining shares fully unlocked
Elon Musk’s shares: locked for 366 days (full year)
Special 5%: Some employees/friends get shares exempt from lock-up entirely[reuters] Standard IPOs = all shares unlock at 180 days. SpaceX = gradual releases to reduce selling pressure.
Thoughts?