Bloomberg: SpaceX stock price has not yet been affected by approximately $100 billion-level stock unlock, steadily absorbing selling pressure

TechFlow news, August 06, according to Bloomberg, SpaceX stock performed relatively steadily on Thursday, following the expiration of the lock-up period (lock-up agreement) restricting insiders from selling shares, involving the release of up to approximately 911.5 million shares, valued at about $100 billion based on current valuation. Trading data shows that SpaceX stock price fluctuated within a range of less than 3% in early trading, as the market digested the potential selling pressure from this large-scale share release. Trading volume in the first 30 minutes after opening approached 93 million shares, accounting for about 40% of the full day's volume of the previous trading day.

This release occurred shortly after SpaceX announced its first financial report. Previously, due to investor concerns that the company's investment scale in artificial intelligence business was higher than expected, SpaceX stock price once fell by about 14%. However, most Wall Street analysts still maintain a long-term optimistic view on the company.

Market focus includes SpaceX's future investment plans in AI, satellite internet, and mobile communications. Despite facing capital expenditure pressure in the short term, analysts believe that the company's leading position in rocket launches, Starlink satellite network, and commercial aerospace remains an important factor supporting its long-term valuation. This stock release of about $100 billion has also become an important event for the market to test investor confidence following SpaceX's listing. The stock price did not fluctuate significantly, indicating that the market had certain expectations for the liquidity release of internal shareholders.