SpaceX Faces $100B Lock-Up Unlock and First Earnings in Make-or-Break Week
SPCX is trading near its 52-week low of $104.83 (4.7% above the low).
Summary
SpaceX reports its first public earnings Tuesday after the close, followed by the release of 930 million locked-up shares worth over $100 billion. The stock has already halved from its $225 peak to around $110, and the combination of results and massive potential selling pressure creates a high-stakes event. Morningstar expects most eligible shares to hit the market given low cost bases, while Morgan Stanley likens the moment to 'Max Q' — maximum aerodynamic stress. Options markets price in extreme volatility, with implied vol spiking to 196% versus a 73% average. Consensus calls for $6.87 billion in revenue and a $0.16 per-share loss, putting the focus on AI and Starlink growth to justify the $1.5 trillion valuation.
At the time of this announcement, SPCX was trading at $109.78 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.5T. The 52-week trading range was $104.83 to $225.64. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Benzinga.