SpaceX (SPCX) Surges 3% As Lockup Expiration Fails To Trigger Selloff; AST SpaceMobile (ASTS) And Rocket Lab (RKLB) Each Gain 5%
Space stocks are posting strong gains Thursday, with SpaceX (NASDAQ: SPCX) leading the charge as its first and largest post-IPO share lockup tranche expires without triggering the anticipated selloff. SPCX shares climbed 3% to $111.14, defying widespread fears that a massive unlock of previously restricted shares would flood the market and pressure the stock lower….