SpaceX is trading 3% up at $111.63 as investors position ahead of its first Q2 earnings report on August 4 and a significant post-IPO lockup expiration on August 6.
- The move reflects a partial rebound in a broadly stronger market, driven by renewed focus on Starlink and long-term growth prospects.
- Shares have been under recent pressure due to concerns regarding the upcoming unlocking of up to 911.5 million insider shares.