SpaceX is trading $114.45 (+5.71%) after rebounding from the August 5 earnings-driven decline.
- More than 911 million shares became eligible for trading on August 6 as the post-IPO lock-up expired, creating significant supply pressure.
- Investors are weighing strong revenue growth against elevated AI infrastructure spending and the prior session’s selloff.
- Broader markets are modestly positive, providing limited additional support.