Bullish

SpaceX Unlocks 912M Shares Worth $114B, Largest in History

2026-08-05 20:56

SpaceX faces record $114B share unlock of 912M shares, the largest in US market history. Concurrently, Circle pre-market gains 6% on strong Q2 USDC growth.

Woofun AI reports that 9.12 billion SpaceX shares are unlocking from selling restrictions on Thursday Eastern Time, representing a market value of approximately $114 billion based on August 4th closing prices. This event constitutes the largest share unlock in the history of the U.S. capital market.

In related developments, Circle (CRCL) pre-market gains extended to nearly 6%, reaching $66.97, following its second-quarter 2026 earnings report. USDC circulation reached $73.3 billion by end-Q2, a 19% year-over-year increase. Total revenue and reserve income for the quarter were $701 million, up 7% year-over-year, with adjusted EBITDA at $143 million, an 8% year-over-year increase.

WOOFUN AI

Impact Assessment · Quick Read

The unprecedented scale of the SpaceX unlock introduces significant potential sell-side liquidity pressure into the broader equity market. Meanwhile, Circle’s expanding USDC circulation and rising revenue underscore growing institutional demand for stablecoin infrastructure, potentially benefiting related crypto-native assets.
Generated by WOOFUN AI · For reference only, not investment advice

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