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Finance & Markets

SpaceX Passes First Lockup Expiry Test With $500 Billion Rally

Since SpaceX went public in June, Wall Street had been dreading Aug. 6, when the first lockup preventing early investors from selling the stock expired and millions of shares were set to flood the market.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Morning news brief

Primary results reveal divide among Democratic Party, new inflation report could give the Fed more time to bring inflation under control, rescues teams race to find survivors of Colombia earthquake.

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