SpaceX 319 Million Share Lockup Expires…Stock Falls About 4% on Thursday
SPCX Space Exploration Technologies Corp
$136.91 +2.17%
View chart & analysis → - 1Approximately 319 million shares held by early employees and investors of SpaceX (SPCX) have expired from their lockup and are now available for trading
- 2Stock drops about 4% on Thursday, falling below IPO price; an additional ~1.3 billion shares are expected to unlock around the Q3 earnings in November
- 3Previous larger lockup expirations have seen selling restraint; attention turns to Q2 earnings and same-store sales guidance of 2–3% for the year ahead of BJ's Wholesale Club (BJ) opening
This 3-line summary is compiled from the report below.
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