The Zhitong Finance App learned that SpaceX (SPCX.US) fell 8% to $115.26 on Wednesday. According to the news, the first time the ban was lifted after the largest IPO in history. About 9115 million shares held by SpaceX insiders will lift sales restrictions on August 6 (Thursday), involving a market capitalization of about 116 billion US dollars. The scale is unprecedented in US stock history.
According to S3 Partners data, currently about 30% of tradable shares are shorted, and the short book profit is about 7 billion US dollars. The scale of shorting even exceeds the value of Tesla's short dollars. Meanwhile, the structural arrangement for the phased lifting of the ban means that Thursday is not the end — by the beginning of December this year, the total number of SpaceX tradable shares will soar from about 639 million shares to 5.33 billion shares, an increase of more than seven times over the current stage.
SpaceX handed over its first quarterly report since listing. In the second quarter of 2026, the company achieved revenue of 7.814 billion US dollars, an increase of 92% over the previous year, higher than market expectations of about US$6.9 billion; net loss of US$541 million was significantly narrower than US$1,008 million in the same period last year. The AI business capital expenditure for the second quarter was about 15.8 billion US dollars, higher than market expectations, and the company expected that the capital expenditure for the third and fourth quarters would be similar to that of the second quarter, causing the market to worry about the profit path.