Whale Profits $1.167M Shorting SPCX with 327% Return; Unlock Window Expected Around August 10

According to BlockBeats citing Hyperinsight monitoring, a whale address (0xf929) that began shorting SPCX on July 6—a day before the stock's inclusion in the Nasdaq-100 index on July 7—has accumulated unrealized profits of $1.167 million with a return rate of 327.2% as of July 16. The address built positions across 1,005 transactions with an average entry price of $163.1 and accumulated short exposure of approximately 44,000 shares, while SPCX currently trades at $136.5.

Market participants anticipate SpaceX will release its first quarterly earnings report on August 6 after U.S. trading hours, with the first earnings-triggered unlock occurring around August 10 (20% of restricted shares; an additional 10% may unlock if stock performance requirements are met). A fixed 7% unlock is expected around August 21.