Musk-linked stocks fall as SpaceX faces earnings and lockup test
SpaceX stock faces volatility as valuations drop and insider selling nears See how earnings and options activity could shape the next big move
Shares tied to Elon Musk have seen steep declines in market value in recent weeks, with SpaceX and Tesla together losing about $1.5 trillion in market capitalization since midJune.
The report says SpaceX could face more volatility next week as it approaches its earnings release and a lockup period that would allow some insiders to sell shares earlier than usual. Options pricing suggests traders expect a large move after earnings, and the stock’s implied volatility remains elevated.
Despite the pullback, trading in SpaceX options still shows more call buying than put buying, although larger traders appear somewhat more cautious than smaller ones.