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It’ll be at least a year before they are eligible to join the S&P500. They also need to become profitable.

In the next 6 months another 45%-50% of Space X stock is unlocked, increasing the amount of shares on the market ~10 fold.

Although many will be long term believers who won’t sell. I can’t see how this couldn’t deflate the share price further

Nit: the phrase is “biding their time” FYI

I agree with your statement overall.

Or “buying time”

"Buying time" is an ordinary phrase in English but, it doesn't make a lot of sense here because there'd be some activity SpaceX is doing to "buy time". If you're just waiting that doesn't "buy time".

I think they just blended together in the posters mind