According to Yahoo Finance, SpaceX’s shares are now trading below $100, prompting a panel to suggest the price level presents a buying opportunity as the company’s lock‑up period comes to an end.
Yahoo Finance notes that the lock‑up expiration is expected to release roughly $101 billion worth of stock, giving insiders their first chance to sell. QZ.com reports that the lock‑up expires, freeing that amount of shares, while MarketWatch.com warns that a recent slide in the share price could limit how much insiders can cash out. The panel, citing the new price environment, argued that a sub‑$100 valuation could be attractive for investors who had been on the sidelines.
SpaceX went public in 2020 and its early investors were subject to a 12‑month lock‑up that has now lapsed, a common trigger for secondary market activity. The discussion reflects how timing and price levels can influence investment decisions in high‑growth tech stocks.