MarketAug 6, 2026· 2 views

SpaceX Stock Bounces Back Amid Heavy Selling Pressure

Shares of SpaceX climbed after a public defense from Eric Trump despite a massive release of restricted stock into the market.

SpaceX Stock Bounces Back Amid Heavy Selling Pressure
coinbeat.news

SpaceX stock saw a 4.15 percent jump on Thursday, trading near 112 dollars. The recovery followed a harsh critique from a Bloomberg report that labeled Elon Musk as a serial overpromiser. Eric Trump quickly countered this claim on social media, pointing to the company's impressive record of 165 successful Falcon flights in 2025 as proof of its efficiency and reliability.

While the public feud captured headlines, the real pressure on the stock comes from a massive share unlock. On Thursday, 911 million restricted shares became available to trade. This event effectively doubles the tradable float of the company. Investors are paying close attention to these numbers because the company spent 18.4 billion dollars in the last quarter, which significantly outpaced its revenue of 7.8 billion dollars.

Historical data suggests this volatility is common for companies moving past initial lock up periods. When Facebook faced a similar situation in 2012, its stock initially dipped before finding stability during later release tranches. Analysts note that heavy short interest may be fueling the recent bounce, as short sellers are forced to buy back shares to close their positions.

Market watchers should remain cautious as eight more share tranches are scheduled for release through the end of December. While some investors see the current price as a buying opportunity, the increased supply of shares in the market will likely keep trading volume high and price action unpredictable for the near future.

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