A significant event is occurring for SpaceX, a company founded by Elon Musk. Over 900 million shares of the space and AI company are becoming available for trading. This development more than doubles the number of publicly available shares.

The increase in available shares is due to a scheduled lockup expiry, which allows certain employees and early investors to sell their shares. It is unclear how this will affect the stock price, but the shares were up 6% on the day of the expiry. Further details about the lockup expiry and its potential impact on SpaceX's stock price are available from news sources, including WXYZ Channel 7.