SpaceX Shares Rise 6% After First Lockup Expiry Boosts Tradable Float

US Markets

7 August 2026 at 1:57 pm

SpaceX Shares Rise 6% After First Lockup Expiry Boosts Tradable Float

HyperFast News

Summary

SpaceX shares gained over 6% on Thursday with heavy trading, marking its busiest session since joining the Nasdaq 100. The rally occurred despite the first lockup expiry, which more than doubled the number of publicly tradable shares by unlocking an additional 911.5 million shares.

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