🔴 SpaceX is trading 3.29% down today after 319 million shares became eligible for sale

SpaceX is trading 3.29% down at $148.43, after approximately 319 million shares held by early employees and investors became eligible for sale on September 9.

• The share unlock created potential supply pressure and likely weighed on the stock.
• SpaceX reversed the 3.73% gain recorded on September 8.
• Broader risk-off sentiment is adding pressure: Nasdaq is down 0.52% and Dow is down 0.60%.