The Damage Report
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Elon Musk PANIC Grows Over SpaceX Stock Nightmare As Lockup Ending Looms
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August 4, 2026
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6:27Now PlayingElon Musk panic grows as the date for SpaceX shares 'lockup' is coming to an end, which could cause the already rocky stock value to plummet dramatically. John Iadarola and Trae Crowder break it down on The Damage Report. Leave a comment with your thoughts below!
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Read more here:
SpaceX’s Bumpy Ride on the Stock Market May Get Bumpier
"The shackles are soon coming off SpaceX’s stock.
On Thursday, the first “lockup” on shares of Elon Musk’s rocket company is set to expire, which means employees and other company insiders who were prevented from trading the stock after SpaceX’s initial public offering in June will be able to do so. Lockups are put in place after an offering to prevent shares from flooding the market and driving down their price.
SpaceX employees and early investors will now have the opportunity to cash in on millions of dollars in gains from their company stock. But for everyone else, the end of the lockup comes at a delicate time.
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