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SpaceX Insider Stock Lockup Set to Expire, Volatility Expected

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SpaceX employees and other company insiders are set to be freed from their first stock lockup period on Thursday. The expiry means these stakeholders will be permitted to begin selling portions of their shares for the first time. Such lockup expirations typically introduce increased volatility into a company's stock activity. The development marks a notable moment for Elon Musk's privately held rocket company.

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SpaceX Insider Stock Lockup Set to Expire, Volatility Expected · ShortSingh