SpaceX stock slips as unlocks loom, Starship update and China rocket milestone
SpaceX stock SPCX closed the week down, retreating toward its IPO price as another round of employee/investor share unlocks freed about 319 million shares, with roughly 88% of SpaceX’s total 13 billion shares set to unlock through 2027. Earlier unlocks helped the stock bounce, but the larger supply waves remain. CEO Elon Musk also said Starship’s first reflight could occur by year‑end or early next year, with a downstream tower‑catch milestone pending testing. Separately, China’s LandSpace achieved a land-based recovery of the Zhuque-3 first stage on its second orbital flight, narrowing the reusable-rocketry gap with SpaceX, which has completed hundreds of booster landings since 2015.
