SpaceX Bounced 35% Off Its Lows — Then Another Lockup Hit. Here's Whether the Recovery Is Real or a Trap for Investors.
SpaceX's biggest challenge could come from the law of supply and demand.
Overview
Rockets go up, but they can also go down. So can the stocks of the companies that launch them. We've seen that happen a couple of times already in the brief period since Space Exploration Technologies' (NASDAQ:SPCX) record-setting initial public offering (IPO) in June.
The most recent surge for SpaceX's stock came, perhaps surprisingly, following the Aug. 6, 2026, lockup period expiration. Many investors feared this event would cause the stock to sink. Instead, the opposite occurred, with SpaceX's stock bouncing as much as 35% off its lows.
Details
However, SpaceX's second lockup expiration arrived on Aug. 20. This time, the stock slid. The recent pullback raises a key question: Is SpaceX's recovery real, or is it a trap for investors?
Source
Originally published at www.fool.com.