Shares of SpaceX (SPCX) have tumbled 50% from their peak, hitting an all-time low ahead of August’s critical lock-up period ending and the upcoming earnings report. This sharp decline signals investor caution as a flood of previously restricted shares may hit the market.
The approaching lock-up expiry typically increases supply, placing pressure on the stock price. Combined with the impending earnings announcement, traders are bracing for volatility, making this a tense period for SpaceX shareholders.
