U.S. Stock Market Movement | SpaceX (SPCX.US) falls nearly 5% as restricted shares are unlocked again, putting pressure on stock price

Zhitong Finance APP reports that on Thursday, SpaceX (SPCX.US) fell nearly 5%, closing at $132.81. According to reports, on August 20, SpaceX will face its second post-listing lock-up expiration, allowing approximately 319 million insider shares to be traded starting that day. This will increase the potential supply of shares on the market, placing pressure on the stock price.

Despite the pressure from the lock-up expiration, Wall Street remains optimistic about SpaceX's long-term growth potential. The market's focus is not only on its rocket and satellite business, but also on the company's expansion into artificial intelligence and computing infrastructure sectors.