SpaceX has announced plans to allow phased early unlocking of shares before the standard 180-day lockup period ends, as detailed in its S-1 registration statement filed with the SEC. The early release will be contingent on company profitability, stock price, and specific timelines. This move comes as SpaceX officially filed for its IPO, with Elon Musk holding 85.1% of the voting rights. Additionally, on January 13, 2026, SpaceX's board approved the issuance of 1 billion performance-based Class B common restricted shares to Musk. This strategic decision aligns with SpaceX's broader financial and operational goals as it prepares for public trading.