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SpaceX Adds $500 Billion After Lockup Expiry

August 16, 2026
in AI & Technology
Reading Time: 1 min read
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SpaceX shares surged 35% following the expiration of its first post-IPO lockup, adding roughly $500 billion in market value and defying fears that insider selling would weigh on the stock. Bloomberg’s Carmen Reinicke explains why more lockup expirations could bring fresh volatility. She joins Ed Ludlow on “Bloomberg Tech.”
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