How did SPCX maintain its share price today despite adding 900,000,000 more shares?
u/CyberSmith31337 ·
Reddit — r/wallstreetbets
· August 06, 2026 at 22:34
· ⬆ 65 pts
· 💬 177 comments
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AI Summary
Summary
Post questions why SPCX held its price after a 900M-share unlock, revealing confusion about dilution mechanics.
Core explanation from community: no new shares were created; the unlock simply allowed existing holders to sell, and few chose to sell on day one.
Quality assessment: noise/question, not well-researched DD; author is asking for basic market mechanics rather than offering a thesis.
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Comments177
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I'm not sure I understand the mechanical nature of how this worked. Can someone explain this? Is it just that these shares didn't actually move today? Was it a gigantic "*Fuck you"* against short sellers? I see it had more volume than anything else on the market; was this just institutions buying everything they could immediately, thus preserving the price? I'm looking for someone who can explain how unlocking shares doesn't dilute price, because I thought I understood how this worked, but I clearly don't.