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00:02SpaceX shares fell further
00:04Tuesday, extending Monday's decline as a broader risk-off market and a Falcon 9 launch weighed on the stock, according
00:10to Benzinga.
00:11SpaceX launched 29 Starlink satellites from Cape Canaveral after the mission was delayed from Monday.
00:17More than 9-1-1.5 million insider-held SpaceX shares became eligible for trading last Thursday, more than doubling
00:24the public float.
00:25But the stock gained nearly 3% instead of selling off.
00:30Shares rallied again the following day before Tuesday's decline began reversing those gains.
00:35Individual investors sold a net $4.5 million in SpaceX shares last Friday, their first net selling since the company
00:42began trading June 12th.
00:44Shares were down 4.79% at 132 by 10 at the time of publication on Tuesday, according to Benzinga
00:50Pro.
00:51For all things money, visit Benzinga.com.
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