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Benzinga
Benzinga
Business
Daragh Thomas

SpaceX Is a ‘Potential Generational Compounder,’ Morgan Stanley Says as $101 Billion Unlock Fails to Trigger Fresh Selloff

Starlink is a satellite internet constellation operated by Elon Musk's SpaceX

SpaceX (NASDAQ:SPCX) rose Thursday on the very day more than 900 million insider-held shares became eligible for sale, a tranche worth around $101 billion at midday prices.

The supply-driven collapse some feared has not arrived, at least not yet.

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