🟢 SpaceX is trading 4.5% up today as buyers absorb share-unlock supply

SpaceX is trading 4.5% up now at $154.15, with the rebound suggesting buyers are absorbing expected share-unlock supply.

• Shares fell 3.86% to $147.55 on September 9 after 319 million previously restricted shares became eligible for sale.
• A further 59.1 million affiliate-held shares became eligible on September 10, extending the lockup overhang.
• The rebound comes despite broader weakness in equities and industrials.