economy
SpaceX could remain under pressure as more insiders gain permission to sell. Here are the key dates
Investors can expect a significant wave of supply to hit the market that will likely drive the price down, with each new lockup expiration period.
TL;DR
- SpaceX stock has been volatile since its IPO, with its market cap fluctuating significantly.
- Selling pressure is expected to continue as insider lock-up periods expire over time.
- Key dates for share unlocks are provided, with predictions of price decreases following each release.
- An options strategy involving selling calls is suggested as a way to profit from expected price declines.
- Investors may find better buying opportunities for SpaceX stock as more shares become available.