diff --git a/packages/react-client/src/ReactFlightClient.js b/packages/react-client/src/ReactFlightClient.js
index a31d4a39554c3..3129437fa4332 100644
--- a/packages/react-client/src/ReactFlightClient.js
+++ b/packages/react-client/src/ReactFlightClient.js
@@ -641,7 +641,12 @@ function createElement(
     }
     // TODO: We should be freezing the element but currently, we might write into
     // _debugInfo later. We could move it into _store which remains mutable.
-    Object.freeze(element.props);
+    if (initializingChunkBlockedModel !== null) {
+      const freeze = Object.freeze.bind(Object, element.props);
+      initializingChunk.then(freeze, freeze);
+    } else {
+      Object.freeze(element.props);
+    }
   }
   return element;
 }
diff --git a/packages/react-server-dom-webpack/src/__tests__/ReactFlightDOMBrowser-test.js b/packages/react-server-dom-webpack/src/__tests__/ReactFlightDOMBrowser-test.js
index 55ccb44fb041c..d0630287dbf8b 100644
--- a/packages/react-server-dom-webpack/src/__tests__/ReactFlightDOMBrowser-test.js
+++ b/packages/react-server-dom-webpack/src/__tests__/ReactFlightDOMBrowser-test.js
@@ -198,6 +198,55 @@ describe('ReactFlightDOMBrowser', () => {
     });
   });
 
+  it('should resolve client components (with async chunks) when referenced in props', async () => {
+    let resolveClientComponentChunk;
+
+    const ClientOuter = clientExports(function ClientOuter({
+      Component,
+      children,
+    }) {
+      return <Component>{children}</Component>;
+    });
+
+    const ClientInner = clientExports(
+      function ClientInner({children}) {
+        return <span>{children}</span>;
+      },
+      '42',
+      '/test.js',
+      new Promise(resolve => (resolveClientComponentChunk = resolve)),
+    );
+
+    function Server() {
+      return <ClientOuter Component={ClientInner}>Hello, World!</ClientOuter>;
+    }
+
+    const stream = ReactServerDOMServer.renderToReadableStream(
+      <Server />,
+      webpackMap,
+    );
+
+    function ClientRoot({response}) {
+      return use(response);
+    }
+
+    const response = ReactServerDOMClient.createFromReadableStream(stream);
+    const container = document.createElement('div');
+    const root = ReactDOMClient.createRoot(container);
+
+    await act(() => {
+      root.render(<ClientRoot response={response} />);
+    });
+
+    expect(container.innerHTML).toBe('');
+
+    await act(() => {
+      resolveClientComponentChunk();
+    });
+
+    expect(container.innerHTML).toBe('<span>Hello, World!</span>');
+  });
+
   it('should progressively reveal server components', async () => {
     let reportedErrors = [];
 
diff --git a/packages/react-server-dom-webpack/src/__tests__/utils/WebpackMock.js b/packages/react-server-dom-webpack/src/__tests__/utils/WebpackMock.js
index cf21030834438..4527118c1de8b 100644
--- a/packages/react-server-dom-webpack/src/__tests__/utils/WebpackMock.js
+++ b/packages/react-server-dom-webpack/src/__tests__/utils/WebpackMock.js
@@ -69,10 +69,15 @@ exports.clientExports = function clientExports(
   moduleExports,
   chunkId,
   chunkFilename,
+  blockOnChunk,
 ) {
   const chunks = [];
   if (chunkId) {
     chunks.push(chunkId, chunkFilename);
+
+    if (blockOnChunk) {
+      webpackChunkMap[chunkId] = blockOnChunk;
+    }
   }
   const idx = '' + webpackModuleIdx++;
   webpackClientModules[idx] = moduleExports;