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

The post SpaceX Stock Price Falls 49% Ahead of $116 Billion Share Lock-Up Expiry appeared first on Coinpedia Fintech News

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 …