Articles by Michael Okonkwo
SpaceX's $44.8B Share Unlock Looms as Lockup Expiry Approaches
About 320 million SpaceX shares become eligible for sale on August 20, valued at $44.8 billion, 3.5 times Friday's volume. The company's strong revenue growth may offset supply concerns.
SpaceX $44.8B Share Unlock Looms as Trading Volume Set to Triple
SpaceX braces for a $44.8 billion share unlock on August 20, 3.3 times Friday's volume. Stock dips 0.9% to $140, but Q2 revenue jumps 92%.
SpaceX Stock Rebounds 36% Ahead of Key Share Unlock
SpaceX shares climb 36% from lows to $142.71 as investors eye the upcoming August 20 unlock, testing the stock's resilience amid mixed fundamentals.
SpaceX Shares Surge 4% as AI Valuation Debate Heats Up
SpaceX shares rose 4.2% to $138.93, adding $74B in market cap. Q2 revenue nearly doubled, but AI losses and upcoming share unlock present risks.
SpaceX Shares Fall Below IPO Price as Lock-Up Expiry Looms
SpaceX shares fell 5.3% to $131.33, dipping under their IPO price, with a 320 million-share lock-up expiry approaching on August 20.
SpaceX Stock Dips 5.5% Ahead of August 20 Share Unlock
SpaceX (SPCX) dropped 5.5% to $131.04, 2.9% below its IPO price, as investors brace for a 320 million-share unlock on August 20. Q2 revenue nearly doubled, but capex surged.
SpaceX Stock Dips as Massive Share Unlock Looms
SpaceX shares dropped 4.5% as a 320-million-share unlock on Aug 20 looms, representing 3.4 days of average volume. Q2 revenue surged 92%.
Unitree Robotics IPO Draws 8,289x Retail Demand, Valuing Firm at 219x Earnings
Retail investors flooded Unitree Robotics' IPO with orders 8,289 times the available shares, valuing the firm at 219 times earnings. The final allocation rate was just 0.018%.
SpaceX Stock Rebounds 23% as Share Float Swells 143%
SpaceX (NASDAQ:SPCX) closed Friday up 15.8% at $133.11, recovering from post-earnings losses as investors absorbed a 143% increase in share float. Q2 revenue surged 91.9% to $7.81B.
SpaceX Stock Rebounds 23% Post-Lockup, Testing Cramer's Century Prediction
SpaceX shares recovered 23% last week after a turbulent lockup period, closing near its IPO price. Q2 revenue surged 92%, but capital spending remains a concern.

