SpaceX rallies 9% ahead of first EPS report amid high short interest and lock-up expiration

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SpaceX shares are climbing approximately 9% ahead of the company’s first quarterly earnings report on August 4, 2026. Short interest stands at about 31% of the trading float, representing roughly 196 million shares. The earnings release on August 4 triggers a lock-up expiration around August 6 that could release up to 911.5 million shares. The company debuted on Nasdaq on June 12, 2026, with shares surging 19% on their first day of trading. Analysts project revenues of approximately $6.93 billion for the quarter, though the company is expected to post a net loss.

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