Topic
stock sale
Finance Capital Markets #spacex#secondary market
SpaceX Engineer Sells $23m Stake: 'Every Chance I Get, I'll Sell a Little More'
Andre Lavoie, a SpaceX engineer since 2009, plans to sell his 200,000 shares worth about $23m as the firm's stock is released in stages from 6 August. The record Nasdaq IPO valued SpaceX at more than $2 trillion, but heavy AI spending and a net loss have spooked investors. Analysts are split on the valuation, with some warning AI-linked firms are overdone.
Aug 6, 2026 1 source
Business Markets #us#stock markets
Alphabet's $80B Stock Sale Plan Stalls Wall Street Rally
Alphabet's announcement of an $80 billion stock sale to fund AI investments led to a 4% drop in its shares, stalling Wall Street's rally. The S&P 500 slipped 0.1% after nine weeks of gains.
Jun 2, 2026 1 source