Why Is SPACE EX TECH SPACEX A (SPCX) Stock Up Today?
By the Top Tier Newswire AI Desk · August 7, 2026 at 3:27 PM ET · reviewed against 264 wire stories
SPACE EX TECH SPACEX A (SPCX) is up +14.23% in the latest session. Our newswire has captured 264 stories on SPCX across 31 sources in the last 36 hours, with AI sentiment reading mixed (avg 55/100).
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Why SPCX stock is up today
SPCX stock surged 14.23% to $131.27 in a single session, driven primarily by the lifting of a lockup overhang and rising call options activity. The stock opened with a 1.4% gap up and reached an intraday high of $131.65. Options traders are increasingly bullish, with call volume surging and a record level of options trading reported.
What Happened
The lockup period for early investors in SPCX ended, removing a major overhang that had previously weighed on the stock. This event triggered a wave of buying activity, with the stock climbing 12% in the session according to external reports. Options traders are now targeting a price range of $150 to $160 through August. Meanwhile, SpaceX is still working to recover Flight 13’s Starship from the Indian Ocean, as reported by the company on X. The CEO, Elon Musk, noted that recovery is challenging but that valuable data was collected for future improvements.
What The Data Shows
The stock opened at $116.55 and traded as low as $113.90 before closing near its session high. Volume reached 163 million shares, significantly above average. Options activity was unusually high, with 164 notable prints and a total of $608.3 million in call premiums. The stock has gained 9.1% over the last eight sessions, moving from $112.55 to $122.84. Retail traders are also active, with 44 Reddit posts and 28 X mentions in the last 24 hours. Congressional trades show recent buying activity, with two members of the House purchasing between $1,001 and $15,000 in SPCX shares.
What To Watch
The company is set to report earnings for the first time post-IPO, which will be a key event for investors. Coverage of the stock has increased significantly, with 264 stories from 31 sources published in the last 36 hours.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
SPCX · Aug 7 session (5-min) · +16.72% vs prior close · updated 8:57 PM ETAI sentiment, last 36h · averaged over 264 stories · 55/100 bullish
The headlines behind the move
Story flow · 8 stories on the wire, last 36h · hover or tap a dot for the headline
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