Tag: stock market
-
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…
-
Rocket Lab Up 9%, Intuitive Machines 6% on NASA Contract Wave
Why Are Space Stocks Surging This Week? Space sector equities posted strong gains this week, with Rocket Lab USA climbing 9% and Intuitive Machines jumping 6% as investor confidence builds around NASA contract momentum and emerging commercial opportunities. The rally reflects growing institutional recognition of the sector’s transition from speculative to revenue-generating operations. Rocket Lab’s…