SpaceX shares rise even as company insiders get a chance to sell for the first time

Stock in Elon Musk’s space company rose Thursday even after many SpaceX insiders were freed up to sell for the first time. Investors in SpaceX have pushed the shares down sharply in recent days in anticipation of insiders possibly selling in the first of several so-called lockup expirations that free them up to trade. More than 900 million shares became newly available to buy or sell with Thursday’s release, doubling what was available previously.