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Why SpaceX Stock Price Is Rising After 911M Share Unlock

CoinGape·August 8, 2026·1 min read
Why SpaceX Stock Price Is Rising After 911M Share Unlock

SpaceX stock (NASDAQ: SPCX) rose 15% on August 7 to close at $133, gaining 22% in five trading days since August 3. The price increase occurred despite 911.5 million SPCX shares becoming eligible for sale for the first time, a share unlock that typically pressures stock prices downward.

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