Fundrise Innovation Fund falls as lockup period ends

** Shares of Fundrise Innovation Fund VCX.N fall 14.2% to $33.05 after surging over 20.7% in the last session

** The public venture fund announced on July 24 it is moving its post-debut share lockup expiration date from September 14 to August 13; shares became eligible to trade on August 14

** VCX debuted on the NYSE on March 19; fund invests in privately held technology and AI companies

** VCX is the fourth-most trending ticker on retail investor-focused forum Stocktwits on Friday

** Including sessions' declines, shares down over 70% from their March levels

** Its shares surged in March, when the company disclosed it held a stake in then-private SpaceX SPCX.O

** Reuters could not verify if VCX is still invested in SpaceX or not