SpaceX shares are in focus after Chinese startup LandSpace landed the first stage of its Zhuque-3 rocket on a pad at the Dongfeng Commercial Space Innovation Pilot Zone in Northwest China, marking the first time a Chinese company has recovered an orbital-class booster on land. The milestone narrows the competitive gap that set SpaceX apart from every other launch provider, though SpaceX has landed boosters more than 600 times since 2015 while LandSpace has done it once. Separately, around 319 million shares held by early employees and investors become eligible to trade on Thursday, the Day 70 tranche in a staggered lockup that will release about 88% of SpaceX's 13 billion shares through 2027. The stock slipped further in overnight trade but recovered slightly in early trade, after SpaceX's $135 IPO price was recovered on Aug. 10, the first close above the offering price since mid-July.
