Huo Xing Cai Jing reports that on August 7, SpaceX experienced a massive lock-up expiration, with up to 911.5 million shares becoming eligible for trading. However, after the negative news was priced in, the stock continued to rebound. According to BIT (bit.com) market data, SpaceX rose another 5% intraday today, trading at $121.
SpaceX shares rise over 5% amid post-thaw rebound
MarsBitShare
Summary
SpaceX shares rose more than 5% on August 7, reaching $121, following a major on-chain event on August 6, 2026, when 911.5 million shares were unlocked. The movement occurred amid broader cryptocurrency market activity, with investors closely monitoring the stock’s performance. The rebound came after a period of restricted trading, and the intraday gain reflected immediate buying demand.
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