On August 6, SpaceX shares traded at $109.10 after falling as much as 2.9% intraday, remaining below the $135 IPO price for three weeks. More than 900 million shares became available for sale as up to 20% of restricted stock unlocked on the second trading day after second-quarter earnings. The company's valuation had briefly approached $3 trillion in June, exceeding Microsoft and Amazon at that time.