SteelPeak Wealth
Equity Teardown · SPCX
Your SpaceX stock is most of your net worth.
Enter your position once. See the tax already triggered, your concentration risk, and what selling, holding, or hedging actually costs after tax. About 90 seconds.
Illustrative estimates for education only. Not tax, legal, or investment advice. Figures are simplified and assume RSU-style restricted stock. Talk to an advisor before acting.
Your position
Vested shares
Unvested shares future tranches
Cost basis / share settlement FMV
Current SPCX price
Total net worth
State of residence
Federal ordinary bracket
Holding period at sale
Hedge cost, per year 6.0%
Estimated yearly cost to protect this position against a large drop, as a share of position value. A fresh, volatile IPO is expensive to insure, so figure roughly 4% to 10%. At 6.0% that is about $0 a year. A zero-cost collar avoids paying this premium by capping some of your upside instead.
Position value
$0
Concentration
0%
of your net worth in one stock
30% drop costs
$0
The bill you may not see coming
You likely owe $0 more in April.
Three moves at lockup expiry
Sell, hold, or hedge
The big tax already hit at settlement. Selling now is taxed only on the gain since IPO, which is smaller than most people fear.
Sell & diversify
$0
Hold the bet
$0
Hedge & defer
~$0
illustrative cost to protect the downside while keeping upside and deferring tax. Not available during lockup.
Where you live changes the math
State tax on selling this position (CA vs TX/FL)$0
State tax on future vesting tranches (CA vs TX/FL)$0
Total cross-state swing$0
The bigger dollars sit in future tranches: residency before they settle is where the real swing lives. The rules are strict, so this is a conversation, not a DIY move.
SteelPeak Wealth, LLC is a registered investment adviser. This tool provides general, illustrative estimates and does not constitute personalized tax, legal, or investment advice. Calculations are simplified, assume RSU-style restricted stock, and exclude items such as AMT, NIIT nuances, the additional Medicare surtax, and your full bracket structure. Your actual results will differ. Consult a qualified advisor.