SpaceX Shares Face Pressure as Lockup Expiration Approaches
SpaceX shares have declined below their IPO price and are expected to face increased volatility due to an upcoming lockup expiration, which will allow more insider-held shares into the market. The stock has fallen roughly 33% from its peak post-IPO but still maintains a $1.8 trillion valuation.
Topics: ipo_performance stock_volatility valuation