SpaceX (SPAC) Sets Aug. 4 Earnings, Unlocks 911.5M Shares

SpaceX (SPAC) announced its first earnings report date for Aug. 4, 2026, which coincides with a major lock-up expiration. This allows insiders to sell up to 911.5 million shares on Aug. 6, translating to 20% of their eligible locked-up stock. The stock increased by 7% on Tuesday after experiencing a seven-day decline and has dropped nearly 43% from its all-time high closing price of $211.39. The market is particularly focused on the stock's performance, as short sellers have targeted it heavily, with bearish positions reaching about a third of the public float, potentially impacting investor sentiment.