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🚨 $SPCX Defies Expectations After Massive Share Unlock Despite a share unlock worth nearly $100 billion, $SPCX has climbed 25% over the past two trading days. Around 911.5 million shares became eligible for trading yesterday—roughly 1.4 times the company's existing public float. Even with that significant increase in potential supply, the stock continued to move higher. One possible explanation is short-covering. Many traders often open short positions before a major unlock to hedge against selling pressure, then buy back those shares once the event passes. With approximately 34% of the float sold short beforehand, covering activity may have added further momentum to the rally. #PayrollsDropCPIFocus #AIMemoryStressTest #SpaceXUnlockRebound