SpaceX 319万股解禁日期引争议，或为8月20日
Confusion surrounds SpaceX’s next share unlock
Major financial publications appeared to be in disagreement this month, publishing three different dates for when 319 million additional shares of SpaceX would unlock this month.
本月，各大金融刊物似乎意见不一，就SpaceX额外3.19亿股将于本月解禁一事，分别给出了三个不同的日期。
At Wednesday’s share price, that unlock is worth about $46 billion — a figure that should certainly motivate shareholders to decide on an exact date for the expansion of the float.
按周三的股价计算，此次解禁价值约460亿美元——这一数字无疑应促使股东们就扩大流通股的具体日期做出决定。
However, nobody seemed to know.
然而，似乎没有人知道确切日期。
- CNBC reported, “On Aug. 20, another 319 million shares could unlock, according to the prospectus.”
- Quartz guessed earlier, crediting Barron’s, “A second release of 319 million shares is scheduled for Aug. 12.”
- TechTimes and TradingKey went with August 12, too.
- Motley Fool guessed a later date, telling readers, “On the 70th calendar day following SpaceX’s debut, which is nine days from now on Aug. 21, another 7% of early release-eligible insider shares are available to be sold.”
- A website tracking SpaceX dated the unlock “~August 21, 2026,” indicating obvious confusion.
- CNBC报道称，“根据招股说明书，8月20日可能再有3.19亿股解禁。”
- Quartz早些时候援引《巴伦周刊》猜测，“第二批3.19亿股定于8月12日解禁。”
- TechTimes和TradingKey也选择了8月12日。
- Motley Fool则猜测了较晚的日期，告诉读者：“在SpaceX上市后的第70个日历日，即从现在起9天后的8月21日，另有7%的早期可解禁内部人持股可供出售。”
- 一个追踪SpaceX的网站将解禁日期标为“约2026年8月21日”，显然存在混淆。
The unlock, as described in the prospectus, isn’t precisely 319 million but “up to 319 million shares” plus the possibility of more given that the figure “excludes shares held by ‘affiliates.’”
招股说明书中描述的解禁并非精确的3.19亿股，而是“至多3.19亿股”，且鉴于该数字“不包括‘关联方’持有的股份”，实际可能更多。
For practical purposes, we’ll adopt that convention below.
为实用起见，下文我们将采用这一惯例。
When to expect the SpaceX float to increase
SpaceX流通股何时增加
The earliest guess, August 12, is easy to invalidate.
最早的猜测8月12日很容易被否定。
The current number of SPCX shares outstanding is 7.7 billion and that number is unchanged from three days ago. Every major financial website agrees that the float of SpaceX didn’t increase by 319 million yesterday.
目前SPCX的流通股数为77亿股，与三天前相比没有变化。各大金融网站均一致认为，SpaceX的流通股昨日并未增加3.19亿股。
The next two guesses are August 20 and 21.
接下来的两个猜测是8月20日和21日。
Well, we know that SpaceX priced its IPO on the evening of June 11, and Nasdaq trading opened the following morning.
我们知道，SpaceX于6月11日晚间确定了IPO定价，纳斯达克交易于次日上午开始。
The cover of that prospectus reads, “Prospectus Dated June 11, 2026.”
该招股说明书封面写着“招股说明书日期：2026年6月11日”。
Every lockup trigger inside it counts from that June 11 date while the release table sets the 319 million share tranche at the “70th day after the date of this prospectus.”
其中所有锁定期触发条件均以6月11日为起点计算，而解禁表将3.19亿股这一批次定为“本招股说明书日期后第70天”。
Putting it all together, June 11, 2026 plus 70 days is August 20.
综合来看，2026年6月11日加上70天即为8月20日。
SpaceX slips below $140 per share, wiping $1T from peak valuation
SpaceX股价跌破每股140美元，市值较峰值蒸发1万亿美元
Read more: SpaceX IPO banks yell ‘buy’ as stock craters
更多阅读：SpaceX IPO银行在股价暴跌时高呼“买入”
The same June 11 anchor produces confirmed dates for additional unlocks after elapsed times: September 9, October 24, and December 8.
同样的6月11日锚点还确定了后续解禁的确切日期：9月9日、10月24日和12月8日。
All of these dates are printed in the filing, confirming that June 11 is the correct anchor.
所有这些日期均印在文件中，证实6月11日是正确的时间锚点。
The SpaceX unlock is next week
SpaceX解禁就在下周
Although the August 21 cohort got pretty close, the August 12 camp were nowhere near.
尽管8月21日那一派猜得相当接近，但8月12日那一派则相差甚远。
TradingKey reblogged the error anyway, saying, “Approximately 319 million shares could be released as soon as August 12.”
TradingKey 还是转发了这个错误信息，并称：“大约3.19亿股最早可能在8月12日解禁。”
So did Asbury Capital, an advisory firm of Steven Engle. Its client-guidance post incorrectly dates the unlock of 319 million shares to “roughly August 12.”
Asbury Capital（史蒂文·恩格尔的咨询公司）也是如此。其客户指导帖子错误地将3.19亿股的解禁日期标注为“大约8月12日”。
Peter Singlehurst, who heads a private companies team at Baillie Gifford, told Bloomberg, “We’ve never seen anything like it, we’ve never seen anything of this scale, we’ve never seen a lock-up being phased in this way.”
彼得·辛格尔赫斯特（Baillie Gifford 私募公司团队负责人）告诉彭博社：“我们从未见过这样的情况，从未见过如此规模的解禁，也从未见过以这种方式分阶段进行的锁定期。”
Unprecedented, perhaps. Unpublished, no.
或许史无前例，但并非未公开。
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The post Confusion surrounds SpaceX’s next share unlock appeared first on Protos.
这篇题为“SpaceX 下一次股票解禁引发困惑”的文章最初出现在 Protos 上。
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