NEW YORK — SpaceX stock is steadying ahead of a pivotal week, with two big catalysts on the calendar that could set the tone for the shares into month-end. SpaceX — NASDAQ: SPCX — changed hands near $153, holding firm as investors position for a major share-lockup expiration on Wednesday and the company's first orbital Starship attempt just days later.
The move
$SPCX recently traded around $153.61 against a prior close of $151.85, moving in a session range of roughly $150.55 to $154.94. The stock sits well above its $135 IPO price but in the middle of a wide 52-week band that runs from $104.83 to $225.64 — a reminder of how much volatility has accompanied SpaceX's path as a public company. Live quotes are available on Yahoo Finance, Google Finance, WSJ and Nasdaq.
The why: a lockup and a launch
The nearest-term swing factor is supply. Roughly 328 million SpaceX shares are set to become eligible for sale on September 24 as a lockup period expires, a technical event that can pressure a stock as more float hits the market. Investors have been watching these expirations closely; an earlier tranche helped drive SpaceX's Nasdaq-100 weighting toward a doubling as more shares entered the index calculation.
Balancing that overhang is a genuine growth catalyst. SpaceX is set to attempt Starship's first orbital flight on September 28, a mission that will also deploy 26 upgraded Starlink V3 satellites. A clean orbital result would validate the vehicle at the center of SpaceX's long-term value case and could help the stock absorb the added supply.
