SpaceX's First Batch of Shares to Be Unlocked After IPO, Stock Price May Face Further Downward Pressure
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Author:小编   

The first batch of SpaceX investors will have the opportunity to cash out their shares on Thursday as the lock-up period following the listing expires. The stock price has already fallen by more than 50% from its peak in mid-June, and this change may further pressure it. Over 911 million SpaceX shares, accounting for approximately 7% of the outstanding shares, will become tradable at that time, a quantity higher than the 639 million shares sold in its record-breaking IPO.

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