SpaceX (SPCX) shares, which debuted via the largest U.S. IPO in June 2026 at $135 and briefly reached post-listing highs near $225, have since declined roughly 30-36% amid post-IPO profit-taking and multiple compression from peak levels above $2 trillion market cap. The dominant near-term catalyst is the company's inaugural post-listing Q2 2026 earnings release scheduled for August 4, which will provide the first public view of revenue growth, Starlink subscriber trends, Starship-related capex burn exceeding $7 billion quarterly, and ongoing net losses. Traders are also pricing in potential share supply from early lockup releases and elevated short interest, alongside broader questions about whether 50x-plus forward sales multiples can hold given execution risks in AI compute and direct-to-cell initiatives.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated↑ $125
50%
↑ $122.50
50%
↑ $120
50%
↑ $117.50
50%
↑ $115
50%
↑ $112.50
51%
↑ $110
50%
↓ $107.50
50%
↓ $105
50%
↓ $102.50
50%
↓ $100
50%
↓ $97.50
50%
↓ $95
50%
↓ $92.50
50%
$0.00 Vol.
↑ $125
50%
↑ $122.50
50%
↑ $120
50%
↑ $117.50
50%
↑ $115
50%
↑ $112.50
51%
↑ $110
50%
↓ $107.50
50%
↓ $105
50%
↓ $102.50
50%
↓ $100
50%
↓ $97.50
50%
↓ $95
50%
↓ $92.50
50%
Only prices achieved during the regular trading hours of the primary exchange on which the listed security trades (typically 9:30 AM – 4:00 PM ET) will be considered. Prices occurring during pre-market or after-hours trading will not qualify.
Prices will be used exactly as published by Pyth, without rounding.
In the event of a stock split, reverse stock split, or similar corporate action affecting the listed company during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Pyth.
The target price will be adjusted proportionally to reflect any stock splits. Resolution will be based on the historical price data as shown on Pyth after any adjustments have been applied.
The resolution source for this market is Pyth — specifically, the SpaceX (SPCX) "High" prices available at https://pythdata.app/explore/Equity.US.SPCX%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. Any timestamp within the listed market time frame may be used to view the relevant candle data (e.g., https://pythdata.app/explore/Equity.US.SPCX%2FUSD?t=1773432000)
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high price published by the primary exchange on which the listed security trades will be used to determine whether the listed price was reached during the applicable trading session.
Market Opened: Jul 31, 2026, 6:01 PM ET
Resolution Source
https://pythdata.app/explore/Equity.US.SPCX%2FUSDResolver
0x65070BE91...Only prices achieved during the regular trading hours of the primary exchange on which the listed security trades (typically 9:30 AM – 4:00 PM ET) will be considered. Prices occurring during pre-market or after-hours trading will not qualify.
Prices will be used exactly as published by Pyth, without rounding.
In the event of a stock split, reverse stock split, or similar corporate action affecting the listed company during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Pyth.
The target price will be adjusted proportionally to reflect any stock splits. Resolution will be based on the historical price data as shown on Pyth after any adjustments have been applied.
The resolution source for this market is Pyth — specifically, the SpaceX (SPCX) "High" prices available at https://pythdata.app/explore/Equity.US.SPCX%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. Any timestamp within the listed market time frame may be used to view the relevant candle data (e.g., https://pythdata.app/explore/Equity.US.SPCX%2FUSD?t=1773432000)
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high price published by the primary exchange on which the listed security trades will be used to determine whether the listed price was reached during the applicable trading session.
Resolution Source
https://pythdata.app/explore/Equity.US.SPCX%2FUSDResolver
0x65070BE91...SpaceX (SPCX) shares, which debuted via the largest U.S. IPO in June 2026 at $135 and briefly reached post-listing highs near $225, have since declined roughly 30-36% amid post-IPO profit-taking and multiple compression from peak levels above $2 trillion market cap. The dominant near-term catalyst is the company's inaugural post-listing Q2 2026 earnings release scheduled for August 4, which will provide the first public view of revenue growth, Starlink subscriber trends, Starship-related capex burn exceeding $7 billion quarterly, and ongoing net losses. Traders are also pricing in potential share supply from early lockup releases and elevated short interest, alongside broader questions about whether 50x-plus forward sales multiples can hold given execution risks in AI compute and direct-to-cell initiatives.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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