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SpaceX stock is under scrutiny as a Chinese company successfully landed a rocket booster for the first time, and 319 million shares are set to unlock on Thursday.
SpaceX's stock price came under scrutiny on Wednesday after Chinese company LandSpace successfully landed its Zhuque-3 rocket booster on land for the first time, narrowing the gap with SpaceX in reusable rocket technology. Meanwhile, approximately 319 million shares of SpaceX stock held by early employees and investors are set to unlock on Thursday, potentially increasing selling pressure. Affected by this, SpaceX's stock price fell in overnight trading but rebounded in early trading.
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