SpaceX stock trades at $185, up 23% from its $150 IPO price. Lockup periods ending soon could cause a 1% to 3% price decline. A staggered schedule releases 20% to 30% of shares before the first earnings report, with another 7% available after 70 to 135 days.
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Summary by ByteBrief
Wall Street Sells Off IT-Service Stocks Amid AI Fears