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SpaceX shares rise 6% despite $100 billion lock-up expiry
๐Ÿ“ˆ Business

SpaceX shares rise 6% despite $100 billion lock-up expiry

On August 6, the first lock-up expiry for SpaceX early investors and employees released 911.5 million shares worth roughly $100 billion onto the market. Despite widespread fears of a sharp sell-off, the stock closed the session up 6.1%, defying bearish expectations.

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