Spacex Shares Plummet Ahead of Earnings, Caution Advised

WHO:

Yahoo Finance - SpaceX (SPCX), CEO Elon Musk, S&P Global Visible Alpha analyst Melissa Otto

The Motley Fool - SpaceX, U.S. Space Force

WHAT:

Yahoo Finance - SpaceX stock closed down 3.4% at $108.37, falling about 5.8% for the week.

Yahoo Finance - SpaceX stock has shed approximately 30% from its $150 market debut last month and remains down roughly 50% from its all-time high of $225.64.

Yahoo Finance - Analysts are closely monitoring SpaceX's capital expenditures, which are expected to increase significantly, with projections indicating a rise from $48.7 billion this year to $118.4 billion in FY 2028.

Yahoo Finance - SpaceX's overall debt is projected to grow over 5x from $41.7 billion this year to over $218.0 billion in FY 2028.

Yahoo Finance - SpaceX stock has shed approximately 30% from its $150 market debut last month and remains down roughly 50% from its all-time high of $225.64.

The Motley Fool - SpaceX stock has plunged 31% since its IPO just over one month ago and is down 51% from its all-time high.

The Motley Fool - SpaceX has a $1.6 billion contract with the U.S. Space Force for 18 Falcon 9 rocket missions through the end of next year.

The Motley Fool - SpaceX stock has plunged 31% since its IPO just over one month ago and is down 51% from its all-time high.

The Motley Fool - SpaceX raised nearly $86 billion from its IPO.

The Motley Fool - SpaceX's capital expenditures reached $20.7 billion last year and hit $10 billion in the first quarter of 2026.

Yahoo Finance - SpaceX's overall debt is projected to grow over 5x from $41.7 billion this year to over $218.0 billion in FY 2028.

Yahoo Finance - SpaceX stock has hit a new closing low, marking a significant decline as it closed at $108.37, down 3.4% on Friday.

Yahoo Finance - The stock has experienced a volatile week, swinging from gains to losses, and has shed approximately 30% from its $150 market debut last month.

Yahoo Finance - CEO Elon Musk is reportedly pushing for a merger between SpaceX and Tesla, with executives considering how to manage Tesla's China business in the event of a merger.

Yahoo Finance - Concerns have been raised regarding SpaceX potentially obtaining data from China's 2 million Tesla owners, which could attract scrutiny from the Chinese government.

Yahoo Finance - SpaceX stock closed down 3.4% at $108.37, falling about 5.8% for the week.

Yahoo Finance - SpaceX stock has dropped approximately 30% from its $150 market debut and is down roughly 50% from its all-time high of $225.64.

Yahoo Finance - SpaceX's second quarter earnings report is due on August 4.

Yahoo Finance - A lockup expiration on August 6 will free up to 20% of shares for sale.

Yahoo Finance - SpaceX's capital expenditures are expected to increase from $48.7 billion this year to $118.4 billion in FY 2028.

Yahoo Finance - SpaceX's overall debt is projected to grow over 5x from $41.7 billion this year to over $218.0 billion in FY 2028.

The Motley Fool - SpaceX stock has plunged 31% since its IPO just over one month ago and is down 51% from its all-time high.

The Motley Fool - SpaceX raised nearly $86 billion from its IPO.

The Motley Fool - SpaceX has a $1.6 billion contract with the U.S. Space Force for 18 Falcon 9 rocket missions through the end of next year.

The Motley Fool - SpaceX's capital expenditures reached $20.7 billion last year and hit $10 billion in the first quarter of 2026.

WHERE:

Yahoo Finance - SpaceX's government and national defense contracts could be a concern for the Chinese government.

The Motley Fool - SpaceX's factories in China are mentioned in the context of a potential merger with Tesla.

WHEN:

Yahoo Finance - SpaceX's second quarter earnings report is due on August 4.

Yahoo Finance - A lockup expiration on August 6 will free up to 20% of shares for sale.

Yahoo Finance - SpaceX's second quarter earnings report is due on August 4.

Yahoo Finance - A lockup expiration on August 6 will free up to 20% of shares for sale.

Yahoo Finance - SpaceX's second quarter earnings report is due on August 4.

Yahoo Finance - A lockup expiration on August 6 will free up to 20% of shares for sale.

Yahoo Finance - SpaceX's second quarter earnings report is due on August 4.

Yahoo Finance - The lockup expiration is on August 6.

The Motley Fool - The contract with the U.S. Space Force is for missions through the end of next year.

WHY:

Yahoo Finance - Investors are concerned that the added supply from the lockup expiration will keep the stock under pressure.

Yahoo Finance - Concerns exist regarding the potential scrutiny from Beijing if a merger between SpaceX and Tesla occurs.

Yahoo Finance - Investors are concerned that the added supply from the lockup expiration will keep the stock under pressure.

Yahoo Finance - Concerns exist regarding the potential scrutiny from Beijing if a merger between SpaceX and Tesla occurs.

HOW:

Yahoo Finance - Analysts are closely monitoring SpaceX's capital expenditures and overall debt projections.

The Motley Fool - Historical data suggests that companies that IPO with significant revenue typically underperform their market index in the following years.

(UPDATED August 1, 2026 22:14 UTC)

SpaceX's stock closed down 3.4% at $108.37, marking a decline of about 5.8% for the week and a significant drop of approximately 30% from its market debut of $150 last month. Investors are closely watching the upcoming earnings report set for August 4 and the lockup expiration on August 6, which will release up to 20% of shares for sale, raising concerns that this added supply could further pressure the stock. Additionally, analysts are noting a projected increase in SpaceX's capital expenditures, expected to rise from $48.7 billion this year to $118.4 billion by FY 2028, alongside a staggering growth in overall debt from $41.7 billion to over $218 billion in the same timeframe.

(UPDATED August 1, 2026 11:20 UTC)

SpaceX is set to release its second quarter earnings report on August 4, while a lockup expiration on August 6 will allow up to 20% of shares to be sold. Since its market debut at $150 just over a month ago, SpaceX stock has dropped approximately 30% and is currently down about 50% from its all-time high of $225.64. Additionally, the company holds a significant $1.6 billion contract with the U.S. Space Force for 18 Falcon 9 rocket missions scheduled through the end of next year.

(UPDATED August 1, 2026 10:28 UTC)

SpaceX is set to release its second quarter earnings report on August 4, while a lockup expiration on August 6 will allow up to 20% of shares to be sold. Since its IPO just over a month ago, SpaceX stock has dropped 31% and is down 51% from its all-time high, despite raising nearly $86 billion. Analysts are keeping a close eye on the company's capital expenditures, which are projected to soar from $48.7 billion this year to $118.4 billion by fiscal year 2028, alongside a significant increase in overall debt expected to rise from $41.7 billion to over $218 billion in the same timeframe.

(UPDATED August 1, 2026 02:51 UTC)

SpaceX stock has hit a new closing low, finishing at $108.37 after a decline of 3.4% on Friday, following a volatile week that saw the stock drop about 30% from its $150 debut last month. CEO Elon Musk is reportedly advocating for a merger between SpaceX and Tesla, while executives are considering how to navigate Tesla's operations in China if this merger occurs, raising concerns about potential data acquisition from Tesla's two million owners in the country. Analysts are keeping a close eye on SpaceX's capital expenditures, which are projected to surge from $48.7 billion this year to $118.4 billion by fiscal year 2028.

(UPDATED August 1, 2026 01:30 UTC)

SpaceX's stock closed down 3.4% at $108.37, marking a significant drop of about 30% from its market debut and roughly 50% from its all-time high of $225.64. The company is set to release its second quarter earnings report on August 4, followed by a lockup expiration on August 6 that will allow up to 20% of shares to be sold, raising concerns among investors about potential stock pressure. Additionally, SpaceX has a $1.6 billion contract with the U.S. Space Force for 18 Falcon 9 rocket missions, which will continue through the end of next year.