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SpaceX Sinks 5% as $47.2B Insider Share Unlock Hits the Tape, AST SpaceMobile Drops 4%, Rocket Lab Slips 2%

Source: 247wallst.com

Insider TransactionsMarket Technicals & Flows
SpaceX Sinks 5% as $47.2B Insider Share Unlock Hits the Tape, AST SpaceMobile Drops 4%, Rocket Lab Slips 2%

SpaceX shares fell 5% to $146.35 in midday Wednesday trading as a 90-calendar-day insider share-unlock milestone made an early-release-eligible tranche of shares sellable. The newly available supply creates a near-term overhang for the stock, although the article text does not provide the full value or share count of the unlocked tranche.

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