The Retail Investor Fleecing Continues: Up to $48 Billion in SpaceX Insider Selling Pressure Can Hit the Tape Next Week

Key Points Space Exploration Technologies’ (SpaceX) initial public offering (IPO) shattered Wall Street records. Another 319 million early-release-eligible insider shares will be available for sale on Sept. 24. SpaceX’s staggered share-unlock events, coupled with its low float, have retail investors set up to fail. 10 stocks we like better than Space Exploration Technologies › On June 12, Elon Musk's artificial intelligence and space infrastructure conglomerate, Space Exploration Technologies (better known as SpaceX) (NASDAQ:SPCX) , rewrote Wall Street's record books. The company's initial public offering (IPO) raised $85.7 billion, including the underwriters' overallotment, nearly tripling the $29.