SpaceX’s stock is having one of its best days ever — with the first lockup expiration now behind it

SpaceX's stock price increased following the expiration of its first lockup period, which had previously restricted insider share sales. The lockup expiration typically creates downward pressure on stock prices as company insiders become able to sell their shares, but market analysts attributed the stock's performance to investors having already factored this possibility into the price ahead of the expiration date.

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