$SPCE Actual DD - heaviest sell pressure incentives to be hedging a June 18 warrant exercise

"heaviest sell pressure * incentivized to be hedging a June 18 warrant exercise" $SPCE is over $500mm market cap now so we can talk about it: $SPCE has a 31.7M share warrant exercise window that begins June 18th 2026 (and ends December 18th 2030), and their strike price is $6.696. This means 31.7M shares are in the money and institutions have the right to exercise which creates 31.7M shares on the spot, to sell. Starting June 18th, which is coincidentally after the SpaceX IPO based on current schedule Like