All Eyes Are on SpaceX's Next Share Unlock on Sept. 9. But These 3 Unstoppable Growth Stocks Are Better Buys Hiding in Plain Sight.
2026-09-04 15:34
•Micah Zimmerman •The Motley Fool
•• •••• Axe Cap view
Why South African Investors Should Look Past SpaceX’s Share Unlock
SpaceX’s September share unlock may pressure its stock, but alternative space firms and local plays offer better growth angles.
The SpaceX share unlock on September 9—when over 319 million shares become freely tradeable—could weigh on its stock despite strong fundamentals. This technical overhang isn’t just a Wall Street issue; it tempers enthusiasm for space plays globally, including local investor interest. Instead, Rocket Lab and AST SpaceMobile, with their promising reusable rockets and satellite networks, represent cleaner growth stories. Although not JSE-listed, the USD/ZAR is worth watching here, as stronger US space sector dynamics often support a firmer rand through tech sentiment spillover. Meanwhile, South African tech giants like Naspers and Prosus, which have global digital interests, could benefit from broader technology and innovation tailwinds. But don’t chase hype; these firms still face currency and execution risks. If the rand weakens sharply against the dollar, it could affect returns from these global exposures. Still, the current signals favor selective exposure to innovation-linked names rather than speculative bets on SpaceX-related volatility. this is just our opinion and not financial advice
Avoid direct exposure to SpaceX-related stocks until post-lockup volatility settles. Instead, buy selective positions in Naspers and Prosus for tech growth exposure, and watch USD/ZAR closely for currency-driven entry points.
- Naspers
- Prosus
- USD/ZAR
- Prolonged share sell-off post SpaceX lockup
- Rand volatility weakening rand-denominated returns
6/10
SpaceX faces a potential technical headwind on Sept. 9 when 319 million shares become eligible for sale from early stakeholders. Rather than SpaceX, the article highlights three alternative space infrastructure companies with stronger growth potential: Rocket Lab (developing reusable medium-lift rockets), AST SpaceMobile (building satellite-based cellular networks), and Redwire (providing spacecraft power and manufacturing systems).
Our take is based on reporting first published by The Motley Fool.
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