Home / Crypto News / SpaceX Stock LIVE Updates Today Aug. 20: Shares Dip Amid $51B Unlock, Crash To $75?
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02:05:00 PM UTC, 20 August 2026
SpaceX Stock Dips as $51B Share Unlock Hits Market
The SpaceX stock took a beating on August 20, as investors watched the latest share unlock. As of 11:41 a.m. ET, SPCX was valued at $130.99 on the market data, compared to $139.65 at the previous close, according to the market data.
The drop is due to the release of approximately 319 million shares as part of a staggered lockup. The tranche has been priced to sell for about $51 billion based on recent prices. This is after an earlier August unlock of over 900 million shares. Investors are keeping an eye on if the new stock comes into the picture to add additional selling pressure.
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Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.
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