General News
SpaceX shares fall for second day as investors eye lock-up expiry, options surge
SpaceX shares fell for a second straight session as investors weighed its thin free float against looming lock-up expiries and heavy options activity. The stock dropped 3.57 percent on June 18 after nearly a 5 percent fall a day earlier, though it remains about 37 percent above its IPO price of $135. Markets are watching potential conversion of 20 percent to 30 percent of locked shares after second-quarter results and speculative trading in short-dated options.
