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More than 900 million SpaceX shares unlock today. Here’s what to know

By Ilene
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SpaceX rises 6% after more than 900 million shares are unlocked

By John Towfighi, CNN

More than 900 million SpaceX shares unlocked Thursday, more than doubling the publicly available shares in Elon Musk’s space and AI company and testing investors’ interest in holding a stock that’s struggled since a record-breaking IPO nearly two months ago.

A lockup expiry enables some employees and early investors who bought pre-IPO to sell. While the unlocking makes the shares available to trade, it’s up to the holder whether they want to sell or keep their shares.

SpaceX shares (SPCX) rose more than 6% on Thursday.

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