Rocket Lab Shares Fall 2% as SpaceX Insider Unlock Hits Market
Rocket Lab shares fell about 2% during midday trading Wednesday as sector pressure mounted after SpaceX’s 90-calendar-day insider share unlock milestone came due. SpaceX’s IPO used staggered time-based release dates, keeping supply questions in view, and the move weighed on the broader space complex, including names held in the Procure Space ETF.