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SpaceX shares surge 15% as stock rebounds from record low
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Yahoo Finance
The rebound followed an exceptionally volatile period for SpaceX shares.
Concerns surrounding the company's valuation were compounded by the approaching expiration of its first post-IPO lock-up period.
Lock-up expiry fails to trigger feared selloffThe first lock-up period covering 911.5 million SpaceX shares expired on Thursday.
Instead, SpaceX shares rebounded strongly across Thursday and Friday, reversing a substantial portion of Wednesday's decline.
SpaceX stock price