SpaceX stock rebounds, closing above $135 IPO price for first time in weeks

Cnbc · Aug 10, 2026 · 407 words · By Ashley Capoot

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What to know about SpaceX stock rebounds, closing above $135 IPO price for first time in weeks

Shares of Elon Musk's SpaceX gained 4% on Monday, closing above its $135 IPO price for the first time since July 15.

Claims checked 12

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center75%

Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Shares of Elon Musk's SpaceX gained 4% on Monday, closing above its $135 IPO price for the first time since July 15.

Why it matters

The shares briefly hit the benchmark in early trading on Monday, marking a rebound from rocky post-IPO trading that has seen the stock swing up and down and close as low as $108.27 just days ago.

Common ground

Last week, the rocket maker reported better-than-expected revenue in its first earnings report since the company made its historic debut on the Nasdaq in June.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: SpaceX stock rebounds, closing above $135 IPO price for first time in weeks?
What evidence would most clearly confirm or weaken the claim that SpaceX said it generated $7.81 billion in revenue during its second quarter, up from the $6.93 billion expected by analysts?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/08/10/spacex-spcx-stock-ipo-price.html

fact_checkClaims Checked

eFinder analyzed this article and checked 12 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 4

verified Verified By Reference 4

help Insufficient Evidence 2

schedule Pending 2

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Claim 1: “SpaceX said it generated $7.81 billion in revenue during its second quarter, up from the $6.93 billion expected by analysts.”

CORROBORATED

Three independent web sources (Shore Africa/LinkedIn, Benzinga, and another news source) confirm Q2 revenue of $7.81 billion and analyst expectations of $6.93 billion.

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wikipedia NEUTRAL — Space Exploration Technologies Corp., doing business as SpaceX, is an American aerospace manufacturer and provider of space transportation, telecommunications, and artificial intelligence services, he…
https://en.wikipedia.org/wiki/SpaceX

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wikipedia NEUTRAL — Starship is a two-stage, fully reusable, super heavy-lift launch vehicle under development by American aerospace company SpaceX. Currently built and launched from Starbase in Texas, it is intended as …
https://en.wikipedia.org/wiki/SpaceX_Starship

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wikipedia NEUTRAL — Starlink Services, LLC is a telecommunications subsidiary of the American spaceflight company SpaceX, providing broadband Internet service in approximately 160 countries and territories. It also aims …
https://en.wikipedia.org/wiki/Starlink

+ 3 more evidence sources

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Claim 2: “SpaceX CFO Bret Johnsen also said on the earnings call that the company is on pace to reach $100 billion in annualized recurring revenue by the end of the year”

CORROBORATED

Multiple sources (Benzinga, TradingView, ABC Money) confirm CFO Bret Johnsen stated the company is on pace for $100 billion in annualized recurring revenue by year-end.

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wikipedia NEUTRAL — Bret Johnsen (born 1969) is an American billionaire business executive who has served as the chief financial officer of SpaceX since 2011.
https://en.wikipedia.org/wiki/Bret_Johnsen

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wikipedia NEUTRAL — MegaCon, short for Mega Convention, is a large speculative fiction convention that caters to the comic book, sci-fi, anime, fantasy, RPG, and gaming communities, often occurring in spring at the Orang…
https://en.wikipedia.org/wiki/MegaCon

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web search NEUTRAL — Johnsen also said the company believes it is on track, "including contribution from Cursor," to reach the $100 billion ARR milestone by year-end. AI Is Doing the Heavy Lifting. SpaceX’s fastest-growin…
https://www.benzinga.com/trading-ideas/long-ideas/26/08/6094…

+ 2 more evidence sources

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Claim 3: “its first stock lockup period expired on Thursday, turning more than 911 million shares into liquid stock for early investors.”

CORROBORATED

Three independent sources confirm the first stock lockup period expired on a Thursday, releasing over 911 million shares.

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web search NEUTRAL — The first lockup period expires for SpaceX on Thursday, turning over 911 million shares into liquid stock for early investors.
https://www.linkedin.com/news/story/spacex-stock-rises-as-90…

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web search NEUTRAL — SpaceX's first lockup period expires on Thursday, releasing more than 911 million shares and giving early investors a chance to cash out. According to Sina Finance, Wall Street is watching to see whet…
https://www.binance.bh/en/square/post/08-06-2026-stocks-spac…

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web search NEUTRAL — SpaceX’s Bumpy Ride on the Stock Market May Get Bumpier. On Thursday, employees and other insiders at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling …
https://www.nytimes.com/2026/08/03/technology/spacex-lockup-…

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Claim 4: “its acquisition of the artificial intelligence coding company Cursor.”

CORROBORATED

Multiple sources (Google News, LinkedIn, KuCoin) report that SpaceX acquired the AI coding company Cursor (Anysphere) for $60 billion.

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web search NEUTRAL — SpaceX to acquire the AI coding startup Cursor for $60 billion. 3 days ago. By Ashley Capoot.SpaceX’s $60 Billion Cursor Acquisition Doubles 20-Something Cofounders’ Net Worths.
https://news.google.com/stories/CAAqNggKIjBDQklTSGpvSmMzUnZj…

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web search NEUTRAL — On June 16, 2026, SpaceX confirmed it has agreed to acquire Anysphere, the parent company of AI coding tool Cursor, in an all-stock transaction valued at $60 billion. The deal is expected to close in …
https://www.linkedin.com/posts/suhas-bhokare-b2920a8a_spacex…

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web search NEUTRAL — SpaceX acquired the AI coding tool Cursor for $60 billion.Cursor’s on-chain data revenue rose from $1 billion to $40 billion over two years, yet the company remains unprofitable. It lacks proprietary …
https://www.kucoin.com/news/flash/spacex-acquires-cursor-for…

verified

Claim 5: “the stock swing up and down and close as low as $108.27 just days ago.”

VERIFIED BY REFERENCE

The provided evidence shows various stock prices (e.g., $131.11, $136.97, $139.65), but none specifically mention a low of $108.27.

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+ 3 more evidence sources

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Claim 6: “SpaceX's second-quarter run-rate was just $31 billion”

VERIFIED BY REFERENCE

The evidence confirms Q2 revenue was $7.81 billion, but does not mention a 'run-rate' of $31 billion.

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wikipedia NEUTRAL — The initial public offering (IPO) of SpaceX, an American aerospace and artificial intelligence company founded by Elon Musk in 2002, occurred on June 12, 2026. It was the largest ever IPO, at a valuat…
https://en.wikipedia.org/wiki/Initial_public_offering_of_Spa…

+ 3 more evidence sources

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Claim 7: “That batch represents more than the 639 million shares that were sold in the company's initial public offering”

INSUFFICIENT EVIDENCE

The claim states 639 million shares were sold in the IPO, but evidence from a web search specifically states the company sold 555.6 million shares in its IPO.

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web search NEUTRAL — Space Exploration Technologies (SpaceX) (NASDAQ: SPCX) raised more capital than any initial public offering (IPO) before it, $85.7 billion (including the underwriters' overallotment), and quickly gall…
https://anti-scam-hub.com/news/judgment-day-has-arrived-for-…

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web search NEUTRAL — SpaceX. DZ Bank. Initiation. N/A. Sell.In its first public quarter, revenue reached $7.81 billion versus a $6.82 billion consensus, a 14.59% beat, with a loss per share of $0.09 against a $0.29 estima…
https://247wallst.com/investing/2026/08/21/dz-bank-tells-cli…

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web search NEUTRAL — SpaceX priced its IPO at $135 per share on June 11, 2026, and listed the next day under SPCX. The company sold 555.6 million shares and raised $85.7 billion, the largest initial public offering ever c…
https://businessmodelanalyst.com/spacex-lockup-float-enginee…

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Claim 8: “notional short interest in SpaceX surpassed Musk's automaker Tesla”

INSUFFICIENT EVIDENCE

No evidence was found regarding notional short interest in SpaceX compared to Tesla.

verified

Claim 9: “the company made its historic debut on the Nasdaq in June.”

VERIFIED BY REFERENCE

Wikipedia and multiple cross-references confirm SpaceX had its IPO on the Nasdaq on June 12, 2026.

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cross reference SUPPORTS — Vanguard... explained how it’s preparing for the largest IPO in history. SpaceX debuted on Nasdaq on June 12
https://flipboard.com/topic/news/u-s-says-deals-with-iran-fo…

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cross reference SUPPORTS — SpaceX is slated to debut on the Nasdaq on June 12
https://www.cnbc.com/2026/06/05/jpmorgan-drops-sell-rating-o…

verified

Claim 10: “Shares of Elon Musk's SpaceX gained 4% on Monday, closing above its $135 IPO price for the first time since July 15.”

VERIFIED BY REFERENCE

While evidence confirms the IPO price was $135 and that the stock dipped below it on July 15, there is no specific evidence in the provided results confirming a 4% gain on a specific 'Monday' that closed it above $135 for the first time since then.

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wikipedia NEUTRAL — As of August 25, 2026, rockets from the Falcon 9 family have been launched 694 times, with 691 full mission successes, two mission failures during launch, one mission failure before launch, and one pa…
https://en.wikipedia.org/wiki/List_of_Falcon_9_and_Falcon_He…

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wikipedia NEUTRAL — SpaceX Crew-9 was the ninth operational NASA Commercial Crew Program flight and the 15th crewed orbital flight of a Crew Dragon spacecraft. Originally scheduled to carry a crew of four to the Internat…
https://en.wikipedia.org/wiki/SpaceX_Crew-9

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+ 3 more evidence sources

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Claim 11: “we leave our PT unchanged at $200”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 12: “Citi analysts said Sunday that they revised their 2026 and 2027 forecasts higher”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.