Tag: Investment
-
SpaceX IPO Shares Face Fresh Selling Pressure as Another Lockup Expiration Hits the Market
SpaceX shares came under renewed pressure on Aug. 20 as another major tranche of previously restricted stock became eligible for trading, adding billions of dollars’ worth of potential supply to a market already grappling with post-IPO volatility. The latest lockup expiration released approximately 319 million additional shares for potential sale by eligible insiders and early…
-
Impulse Space Raises $500 Million to Expand In-Space Transportation Business
Impulse Space has raised $500 million in a Series D funding round, bringing the company’s total funding to more than $1 billion since its founding five years ago. The California-based company said the new capital will support hiring, expand vehicle development programs and help meet growing demand for in-space transportation services. Growing Demand for Space…