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Shares of Moderna more than doubled Wednesday
On Thursday, employees and other insiders at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling some of their shares.
| Keywords | spacexelon-muskstock-marketlockup-periodinsider-sellingtech-stocksaerospacefinanceinvestingsharesmarket-volatilityprivate-equityspace-industryrocket-companywealth-management |
The selloff is an ominous sign as more shares are likely to flood the market.
| Keywords | spacexelon-muskipostock-marketsharesfinanceinvestmenttech-mergersaerospacespace-industrybusinessvolatilitysellofftechnologymarket-crasheconomyinvestormoneycapitalvaluation |
On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago.
| Keywords | spacexelon-muskipostock-marketsharesfinancebusinesstechnologyaerospacevaluationwall-streetinvestmentnytimesmarket-slumppublic-listing |
The company’s blockbuster trading debut is the latest example of how individual investors have become a force in financial markets.
The gospel of envy lives on.
| Keywords | capitalismspacexipoelon-muskfinanceinvestmentbusinesstechnologystockeconomyususawealthsharesprivate-companysilicon-valleymarketsuccessequityprosperity |
The company’s shares jumped on Monday, and executives announced that they had raised even more money in an already record-breaking initial offering.
| Keywords | spacexelon-muskipostocktradingwall-streetfinanceaerospacetechnologybusinessinvestmentsecurities-and-exchange-commissionsecmarketvaluationsharesprivate-companyspacestartupcapitalnytimesmoney |
If you have index funds — such as in a 401(k) — they may soon include shares of the mega company. Here’s a rough calculation.
| Keywords | spacexelon-muskstockipo401kindex-fundsinvestmentfinancetechnologyaerospacebusinessequitysharesvaluationmarketretirementstartupprivate-companytechsilicon-valleyownershipcapitalmoneyeconomics |
Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.
Justin Fishner-Wolfson, long a minor figure in Elon Musk’s orbit, is at the helm of a multibillion-dollar payout