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American2Day

News and opinion for Michigan, Eaton County, and the Mulliken area

American2Day

News and opinion for Michigan, Eaton County, and the Mulliken area

Money

SpaceX share unlock could test appetite for AI-linked tech stocks

A2D News Desk

SpaceX faces investor scrutiny as results and a share unlock approach, testing demand for capital-intensive technology companies.

Trading restrictions on part of the company’s IPO shares are set to expire two days after its results, creating what could be one of the biggest stock unlocks in global capital markets.

The company is capitalised at US$1.5 trillion, putting it alongside major U.S. technology stocks. Any shift in sentiment could affect Hong Kong and mainland China stocks, where investors watch U.S. markets for trading cues.

Read the full story at amp.scmp.com.

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