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SpaceX Stock Price Falls 49% Ahead of $116 Billion Share Lock-Up Expiry

Published by
Nidhi Kolhapur

SpaceX stock has fallen 49% from $225.64 to $115, marking its lowest level since listing. The next major event comes on August 6, when about 911.5 million shares, valued at roughly $116 billion, become eligible for trading after the lock-up period expires. The share unlock comes just two days after SpaceX’s first earnings report as a public company. Investors are watching closely, as insider selling following the lock-up expiry could lead to heightened volatility.


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Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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