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SpaceX faces the arrival of a flood of shares on the market with its value at a low

El porcentaje de títulos de la empresa que circulará libremente en Bolsa podrá duplicarse. Desde máximos la acción retrocede más de un 40%

Translated from Spanish Read in Spanish

SpaceX faces the arrival of a flood of shares on the market with its value at a low

The implacable law of supply and demand, one of the first lessons of any Economics student, is coming into play for the new stock market giant. The protagonist of the largest stock market debut in history and with a market value of around $1.5 trillion (approximately €1.3 trillion), SpaceX will, starting this Thursday, unleash the release of the first package of shares held by its shareholders since its stock market debut.

These are securities held by company investors before its debut, which will be gradually released to favor the stability of the stock as the various lock-up periods come to an end.

Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.

Read the original at cincodias.elpais.com →

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