SpaceX Stock Price Prediction: SPCX Nears $100 Before August Earnings

SpaceX stock fell again on Monday, and the $100 level is now close. Shares of Space Exploration Technologies Corp. (NASDAQ: SPCX) dropped 1.36% to close at $113.50, after an intraday low of $108.66. It was the 13th losing session out of the last 16.

Starship Flight 13 Succeeds, But Shares Keep Sliding

The drop came just two days after good news. Starship completed its 13th test flight Friday evening from Starbase, Texas, the first launch since SpaceX's June 12 IPO.

The rocket deployed all 20 next-generation Starlink V3 satellites, relit an engine in space, and made its softest ocean splashdown yet. SpaceX spokesperson Dan Huot said the team felt "a little over the moon" on the company livestream.

The Super Heavy booster fixed last flight's staging issue but failed to light all 13 landing engines, hitting the Gulf of Mexico harder than planned, though neither stage was meant to be recovered.

The stock fell anyway, even with Musk reaffirming his Mars plans, as traders focused on what comes next.

SPCX Stock Price: Key Numbers to Know

SpaceX Earnings Date and Share Unlock Schedule

SpaceX posts its first earnings report as a public company on August 4. That date starts the clock on a major unlock event.

Only 5% of shares can trade right now, and that changes fast:

• 20% of shares unlock two days after earnings, on August 6

• Another 10% unlocks if the stock closes above $175

• 7% more unlocks around August 21

• A final 7% unlocks around September 10

Up to 911.5 million shares could hit the market starting August 6, which may add selling pressure unless demand keeps pace.

SPCX Price Prediction: What the Chart Shows

The stock sits inside a descending channel, printing lower highs and lower lows, below its 20-, 50-, 100-, and 200-day EMAs, which keeps the bearish trend intact. It has bounced off the channel's lower edge recently, and RSI has climbed to the mid-40s, more a short relief move than a real reversal so far.

A breakout above the channel on strong volume would be the first real sign that selling pressure is fading. A rejection near the top would likely send price back toward the lower support line instead.

SPCX Derivatives Data: Long vs Short Positioning

Long liquidations reached $5.15 million over the past 24 hours, versus $793,530 in short liquidations. Long/short ratios on Binance and OKX sit near 6.55 to 6.57, and Binance's top traders are even more bullish, at 7.74. Crowded long positioning like this raises the risk of more forced selling if the price drops further.

Ark Invest Keeps Buying SpaceX Shares

Cathie Wood's Ark Invest added to its SpaceX-linked position Monday, even as shares kept falling, while trimming Robinhood the same day.

The SpaceX-linked buy totaled about $14.1 million at the $113.50 close. The Tesla buy totaled roughly $8.6 million at Tesla's $309.22 close, a stock that has slid to near one-year lows.

Tesla's last report showed a revenue beat but an earnings miss, with progress on Cybercab and the upcoming Optimus robot. Wood also bought $51.2 million of Tesla stock last Thursday, right after those earnings came out.

SpaceX Stock Outlook: What Comes Next

SpaceX stock price has erased more than $1.2 trillion since its June peak of $225.64, close to Tesla's entire market value. Even so, near $100, the company would still carry a $1.3 trillion valuation, a level few firms ever reach.

With earnings, a large unlock, and a shaky chart landing within two weeks, the stock could stay volatile through August, and whether $100 holds may depend on the market's reaction to real numbers for the first time.

Disclaimer

This article is for informational purposes only and is not financial advice. SpaceX stock, like all securities, carries risk, and prices can move quickly in either direction. Past performance does not guarantee future results. Do your own research and speak with a licensed financial advisor before making any investment decision.