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SpaceX Equity Token on PreStocks Trades at 27.5% Discount to Actual Stock Price Due to Lock-up Period on Underlying Shares

BlockBeats News, June 13th, SpaceX equity token on PreStocks is currently trading at $116.71, a 27.5% discount to the open market SPCX share price of $160.95.

PreStocks stated that due to the underlying shares still being locked up, liquidity is temporarily restricted, causing the SpaceX equity token to trade at a discount to the open market stock price. This discount is determined by market pricing and may narrow as the underlying shares gradually unlock over a 6-month period. Holders can sell at this discount, and new buyers can purchase at the same discount.

Source: BlockBeats

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