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SpaceX Lockup Ends, 911 M Shares Up for Sale

8/6/2026

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Story summary
  • SpaceX lockup expired Thursday, allowing sale of more than 911 million shares, about twice its IPO amount.
  • The S&P 500 rose 0.1% after earnings reports.
  • Brent crude rose 2.2% to $81.23 per barrel as U.S.–Iran tensions kept the Strait of Hormuz uncertain.
  • The Federal Reserve left rates unchanged, with the 10-year Treasury yield rising to 4.65%.