SpaceX shares rise even as company insiders get a chance to sell for the first time
- SpaceX shares rose 6.1% to close at $114.92 despite the release of over 900 million shares for trading.
- This increase followed a significant drop of nearly 14% the previous day.
- Morgan Stanley analyst Adam Jonas suggested that the lockup expiration presents a buying opportunity, predicting the stock could reach $300 by mid-next year.
- SpaceX reported a loss of $541 million for the three months through June, but revenue increased to $7.8 billion, up more than 90% from the previous year.
Stock in Elon Musk’s space company rose Thursday even after many SpaceX insiders were freed up to sell for the first time. Investors in SpaceX had pushed the shares down sharply in recent days in anticipation of insiders possibly selling in the first of several lockup expirations. More than 900 million shares became newly available to buy or sell with Thursday’s release, doubling what was available previously.
SpaceX shares rose 6.1% to close at $114.92. A day earlier, they had one of their biggest routs in SpaceX’s short history as a public company, dropping nearly 14%. Morgan Stanley analyst Adam Jonas said the expiration of lockup provisions that bar employees and others from selling was an opportunity for others to get into the stock cheaply.
Earlier this week, SpaceX reported it had lost $541 million, or 9 cents per share, in the three months through June, less than half what financial analysts had forecast. Revenue jumped to $7.8 billion, up more than 90% from the year-earlier period, indicating strong growth despite the losses.
尽管公司内部人士首次获得出售机会, SpaceX股价仍上涨
埃隆·马斯克的航天公司SpaceX的股价在周四上涨, 尽管许多内部人士首次获得出售股票的机会。近期, 投资者因预期内部人士可能会在首次解禁时出售股票而大幅压低股价。周四解禁后, 超过9亿股股票重新可供买卖, 是之前可交易股票数量的两倍。
SpaceX股价上涨6.1%, 收于114.92美元。前一天, 公司股价经历了其短暂历史上最大的一次暴跌, 下跌近14%。摩根士丹利分析师亚当·乔纳斯表示, 解禁条款的到期为其他投资者提供了以低价买入股票的机会。
本周早些时候, SpaceX报告称, 在截至6月的三个月内亏损5.41亿美元, 每股亏损9美分, 低于金融分析师的预期。收入跃升至78亿美元, 比去年同期增长超过90%, 尽管出现亏损, 但显示出强劲的增长。