SpaceX is trading 5.1% down at $110.14 as investors react to looming lockup expiration, which is set to release nearly 1 billion shares on August 6. - This follows the successful Starship satellite deployment on July 24, but overshadowed by continued worries regarding the company's valuation and profitability challenges. - The stock has seen significant volatility, trading well below its IPO price of $135 as market enthusiasm fades.