SpaceX stock rises nearly 12% in September ahead of October 9 share unlock

  • SpaceX shares recovered 41% from their August low after falling over 50% from June’s peak.
  • SpaceX stock trades at $152, above its $135 IPO price.
  • SpaceX’s October 9 share unlock could increase shares available for trading.

SpaceX shares have risen nearly 12% in September and now trade at $152, above their $135 IPO price. The stock remains more than 50% below its June IPO peak but has recovered 41% from its August low of $108. The initial decline followed concerns about heavy capital spending and a major lock-up expiration. Investors are also assessing a significant share unlock scheduled for October 9, which could increase the supply of shares available for trading and influence prices. ChatGPT has predicted a potential trading range, but the supplied material does not include its figures.

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