US Stock Market Move | SpaceX (SPCX.US) fell nearly 5% as restricted shares were unlocked again, putting pressure on the stock price.

On Thursday, SpaceX (SPCX.US) fell nearly 5%, closing at $132.81. On the news front, starting August 20, SpaceX will experience its second round of lock-up expiration since going public, with approximately 319 million shares held by insiders becoming tradable, increasing the potential stock supply in the market and putting pressure on the stock price. Despite the pressure from the lock-up expiration, Wall Street remains optimistic about SpaceX's long-term growth potential. The market's focus is not only on the rocket and satellite business but also on the company's expansion in the fields of artificial intelligence and computing infrastructure.