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SpaceX extends decline to 11% on lockup expiration and capex spending fears

Importance 26Bearish* Trust 85 · 1 source1.5Market Impact: 1.5/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
SpaceX extends decline to 11% on lockup expiration and capex spending fears

The company reported no BTC sales in the second quarter, but shares fell before the open as investors focused on capital spending, free cash flow pressure and a looming insider lockup expiry.

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