SPACEX SHARES RISE EVEN AS COMPANY INSIDERS GET A CHANCE TO SELL FOR THE FIRST TIME

SpaceX's mega rocket Starship lifts off for a test flight from Starbase, Texas, Friday, July 24, 2026. (AP Photo/Eric Gay) 2026-08-06T16:48:10Z NEW YORK (AP) — Stock in Elon Musk’s space company is rising even as many SpaceX insiders were freed up to sell for the first time.

Associated Press reports that spaceX's mega rocket Starship lifts off for a test flight from Starbase, Texas, Friday, July 24, 2026.

The report adds: (AP Photo/Eric Gay) 2026-08-06T16:48:10Z NEW YORK (AP) — Stock in Elon Musk’s space company is rising even as many SpaceX insiders were freed up to sell for the first time.

Investors in SpaceX have pushed the shares down sharply in recent days in anticipation of insiders possibly selling in the first of several so-called lockup expirations that free them up to trade.

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