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Why SpaceX stock is down around 2.5% on Thursday

Source: invezz.com

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Why SpaceX stock is down around 2.5% on Thursday

SpaceX stock fell 2.5% Thursday as investors anticipated a lockup expiration that could increase the supply of shares available to trade. Up to 328.4 million shares become eligible for sale on October 9, allowing existing shareholders to sell; eligibility does not mean all shares will be sold.

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