
SpaceX is setting aside 5% of its IPO shares for certain employees and others picked by top management, according to a filing on Monday. Those shares won’t be hit by the typical IPO lock-up restrictions. An IPO is a company’s debut sale of shares to public investors, and a lock-up is when insiders are barred from selling.
Today’s highest-ranked model selections.
The catalysts most likely to move markets.
A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.
Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.
Guidance can influence software multiples and sentiment around U.S. small-business activity.