SpaceX Shares Rise Despite Insider Lockup Expiry
SpaceX shares have risen despite the expiration of a $100 billion insider lockup, which allowed employees to sell their stock. The market had anticipated a potential selloff, but the stock remained steady or climbed.
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Employees make plans for a windfall as SpaceX shares are unlocked
SpaceX's shares are unlocked Thursday, and some early employees could see a massive windfall. The BBC's Samira Hussain explains.
Read full article →SpaceX Shares Steady After $100 Billion Insider Lockup Expires
SpaceX shares held steady on Thursday as investors digested the release of as many as 911.5 million shares worth about $100 billion from lock-up agreements that had prevented insiders from selling them.
By Carmen Reinicke and Bailey Lipschultz
Read full article →SpaceX shares passed a key test Thursday. Now sophisticated traders are betting the bottom may be in
Shares of Elon Musk's rocket company were trading higher in Thursday's session even as a key lock-up provision expired.
Read full article →SpaceX shares rise despite release of locked-up shares
Read full article →SpaceX float more than doubles as 140%-of-float share unlock begins
Read full article →"In Uncharted Waters": The SpaceX Lockup Expiration Begins
"In Uncharted Waters": The SpaceX Lockup Expiration Begins SpaceX shares are hovering near record lows after the company's first earnings report as a publicly traded company beat expectations. However, as we noted Tuesday, Thursday's first lockup expiration is likely the more significant near-term catalyst than earnings. The first insider share lockup expires today and more than doubles the float from about 639 million to 1.55 billion. That means about 911.5 million shares of n...
By Tyler Durden
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