Everyoneâs acting like the SpaceX crash is finished. Itâs not. And if you think $SPCX canât sink further, youâre missing whatâs about to unfold.
SpaceX peaked at $225. Itâs now hovering near $110, a brutal â52% slide in just one month. But hereâs the twist: that entire collapse happened while only 5% of shares were even tradeable.
That changes next week.
On August 4, SpaceX drops its first-ever earnings report. Everyoneâs fixated on the revenue number (~$6.8B, Starlink booming). But thatâs not the story.
Two days later, the lockup expires, unleashing up to 911 million shares into the market, more than doubling the float overnight. Then another 7% unlocks around August 21, again in September, and more waves roll through November.
Now connect the dots:
âą The â52% dump already happened.
âą Retail chased.
âą Funds bought.
âą And now supply is about to quadruple.
If $SPCX bleeds this hard on a 5% float, imagine what happens when 20%+ hits the tape.
Hereâs the trap â earnings donât matter.
Scenario 1: Strong report â insiders finally get liquidity. Retail becomes the exit.
Scenario 2: Weak report â falling price meets a doubled float. Straight trapdoor.
Either way, the outcomeâs the same: a flood of supply that gets absorbed slowly, wave after wave, into December.
The real price discovery starts next week.