SpaceFortuneabout 2 hours ago
Billion SpaceX shares unlock Thursday
4 min read
Nearly a billion SpaceX shares held by early employees and pre-IPO investors unlock Thursday, totaling around $100 billion. Index providers CRSP, FTSE Russell, MSCI, and Nasdaq added the stock within 25 days of listing, cushioning the supply shock. JPMorgan estimates Nasdaq inclusion transferred $4 billion into passive accounts.
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