Sentiment: Positive
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SpaceX (SPCX) Stock Falls 3% as Share Unlock and China Rocket News Hit the Same Day
By Trader Edge at 2026-08-20 05:32
Sentiment: Positive
TLDR SPCX fell 2.6% to $139.65 on Wednesday ahead of a 319 million share lock-up expiry on August 20. Chinese startup LandSpace successfully landed an orbital-class rocket booster for the first time, narrowing SpaceX’s competitive edge. The August 6 unlock of 911.5 million shares was absorbed well, with the stock rising 6%. Larger unlocks are [...] The post SpaceX (SPCX) Stock Falls 3% as Share Unlock and China Rocket News Hit the Same Day appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central