As of early Monday cash trading in New York, SpaceX shares were hovering near an all-time low of $110.21 after briefly dipping into the $108 handle. One immediate overhang in the stock may be the quickly approaching lockup expirations. HSBC analysts Nicolas Cote-Colisson and Charlie Rothbarth recently provided clients with a roadmap of SpaceX's lockup expirations. The free float would increase from 4.9% at present to 11.8%. via HSBCOne institutional trading desk we spoke with said it plans to wait for the lockup expirations before starting a position in the stock.