SpaceX shares hit the market as initial lock-up period concludes

On Thursday, over 900 million shares of SpaceX became available for trading following the expiration of the company's first post-IPO lock-up window. This volume surpasses the 639 million shares that were offered during the Elon Musk-led firm's historic initial public offering. At present, the stock is valued at approximately $109 per share, marking a decline of over 50% compared to the peak price reached in mid-June.

by shortkt.com
3 hours ago
SpaceX shares hit the market as initial lock-up period concludes | ShortKT