SpaceX (NASDAQ:SPCX) stock has managed to gain nearly 12% so far in September, trading at $152, comfortably above the initial public offering price (IPO) of $135 on June 11. With SpaceX share unlocks approaching, however, investors are trying to predict how the price will move early in October.
Namely, the debut placed about 639 million shares into public circulation, roughly 4.9% of the total float. The number is expected to reach 22.6% on October 9 after climbing to 20.1% on September 24.
As new shares entering the market can potentially impact SpaceX prices, we asked OpenAI’s chatbot, ChatGPT, to predict SpaceX stock price after the October 9 share unlock.
