Key Stats for SpaceX Stock
- Price change for SpaceX stock in the last 1 month: -31%
- $SPCX Stock Price as of Jul. 27: $114
- 52-Week High: $226
- $SPCX Stock Price Target: $236
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>
What Happened?
SpaceX (SPCX) stock is down almost 50% from all-time highs, after a blockbuster IPO. SPCX stock has fallen in 13 of the last 17 sessions.
That’s a brutal stretch for anyone holding SpaceX stock right now. Zoom out further, and the picture gets even rougher.
SpaceX stock has erased more than $1 trillion in market cap since hitting its all-time high of $225.64 back in June.
To put that in perspective, that erased value is almost exactly equal to the entire worth of Elon Musk’s other company, Tesla, whose shares have also fallen to near one-year lows.
SpaceX stock is now down over 51% from that June peak. It has also been trading below its $135 IPO price for eight sessions in a row, and Monday’s early trading had shares around $109.
Options traders are watching closely. More puts traded than calls by volume Monday, with 106,000 calls changing hands against 77,000 puts. But most of the $442 million in premium was tied to those puts.
Interestingly, four of the five biggest trades by premium on Monday were actually neutral to bullish, including a couple of large put-spread sales that would only pay off if SpaceX stock rallies.
One trader even collected $1.8 million selling puts at the 100-strike while buying puts at the 85-strike, both expiring October 16.
Small speculators are also still betting on a quick turnaround. The most popular options contract by volume Monday was a 330-strike call expiring Friday, priced at just $0.10.
That contract has roughly a one-third of 1% chance of actually paying off, according to ThinkOrSwim data.
Charles Moon, a tech and momentum specialist at Prosper Trading Academy, summed up the mood: Wall Street is punishing AI-related stocks over their heavy capital spending right now, even if the long-term investment case still holds.
Another factor could add pressure soon.
- SpaceX’s first earnings report as a public company is set for August 4.
- That report unlocks a wave of selling, since investors can sell 20% of their eligible locked-up shares, up to 911.5 million shares, starting the second trading day after earnings, which would be August 6.
- Moon said he doesn’t expect the lockup expiration to be as damaging as some fear, but acknowledged it won’t help the stock’s cause either.
See analysts’ growth forecasts and price targets for SpaceX stock (It’s free) >>>
What the Market Is Telling Us About SpaceX Stock
A 51% drop from all-time highs, combined with a stretch of 13 losing sessions out of 16, tells you sentiment has shifted hard against SpaceX stock for now.
The mixed options activity, with some traders betting on a bounce and others protecting against further downside, shows real uncertainty about where shares go next.
With earnings and a massive share lockup expiration both landing in early August, SpaceX stock is heading into a stretch that could bring more volatility rather than less.
Estimate a company’s fair value instantly (Free with TIKR) >>>
How Much Upside Does SpaceX Stock Have From Here?
With TIKR’s new Valuation Model tool, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
- Revenue Growth
- Operating Margins
- Exit P/E Multiple
If you’re not sure what to enter, TIKR automatically fills in each input using analysts’ consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued.
See a stock’s true value in under 60 seconds (Free with TIKR) >>>
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
