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Should You Buy SpaceX Stock Before the Second-Quarter Report?

The Motley Fool·
Should You Buy SpaceX Stock Before the Second-Quarter Report?

SpaceX stock has risen 15% since its IPO, but investors should be cautious about buying before the second-quarter earnings report. The article warns that insider lockup restrictions are set to expire the day after the earnings release, which could flood the market with new shares and drive the stock price down. Additionally, SpaceX stock appears overpriced at current levels.

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