SpaceX (SPCX) Stock Price Falls to Record Low Ahead of Earnings and Lock-Up Expiry

The post SpaceX (SPCX) Stock Price Falls to Record Low Ahead of Earnings and Lock-Up Expiry appeared first on Coinpedia Fintech News

SpaceX stock price fell to a record low of $108.66, nearly 50% below its post-IPO peak, as investors weighed several near-term risks. Concerns include the August 4 earnings report, the August 6 insider lock-up expiry, which could release billions of dollars’ worth of shares for sale, and continued worries over the company’s high valuation and …