economy

SpaceX shares passed a key test Thursday. Now sophisticated traders are betting the bottom may be in

Shares of Elon Musk's rocket company were trading higher in Thursday's session even as a key lock-up provision expired.

SpaceX shares passed a key test Thursday. Now sophisticated traders are betting the bottom may be in

TL;DR

  • SpaceX shares traded higher on Thursday.
  • A key lock-up provision for the company expired.
  • The stock's performance was notable despite the expiration.