SpaceX Stock Hits Record Low, Rebounds Before Earnings
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- SpaceX stock hit a record low then headed higher just ahead of the company's first earnings report as a public company
- CNBC and the New York Times flag the post-IPO plunge and an expiring stock lockup as sources of turbulence around the earnings release
Why it matters: The first earnings report as a public company will test whether the partial stock recovery holds, while the expiring lockup period could amplify share-price swings regardless of what the report shows.