SpaceX may soon experience increased selling pressure as a substantial 911.5 million shares become eligible for trading. This development offers certain employees and early investors the chance to sell their shares, which were acquired before the company's historic IPO. On Wednesday, the stock experienced a significant drop, falling nearly 14% to close at $108.27, marking it as the second-largest single-day decline. This decline leaves...
The United States has reported progress in its negotiations with Iran aimed at reopening the Strait of Hormuz, with a potential agreement anticipated in the coming days. According to US Treasury Secretary Scott Bessent, discussions with Tehran have been ongoing, and he expressed optimism about reaching a significant milestone soon. Bessent highlighted that the prospective agreement would allow commercial vessels to navigate the crucial...
