SpaceX Stock Surges 12% Reclaiming IPO Price as Lockup Expires
Key Facts
In a move reflecting robust investor confidence in the private space sector, SpaceX stock experienced a significant 12% single-day rally. According to reports, the stock successfully closed above its $135 IPO price for the first time in weeks. This positive price action coincided with the expiration of the insider lockup period, suggesting the market has effectively absorbed potential selling pressure from early investors and employees.
The stock demonstrated notable resilience despite the typical volatility associated with lockup expirations, where insiders are permitted to sell their holdings. Per market data, SPCX closed at $133.29 on August 11, 2026, prior to the latest surge that reclaimed the IPO benchmark. The equity reached an intraday high of $139.98, signaling strong demand and a bullish shift in sentiment following the expiration event.
Traders should monitor whether the stock can maintain its position above the key $135 level in the coming sessions. As of the close on August 11, 2026, SPCX stood at $133.29, with a daily low of $130.5. With no major sector-specific catalysts in the immediate economic calendar, market participants will likely focus on technical price stability and volume trends following this successful navigation of insider selling risks.