US Stock Market Movement | SpaceX (SPCX.US) rebounds over 5% after oversold decline

According to Zhitong Finance App, on Tuesday, SpaceX (SPCX.US) surged over 5% to $126.21, rebounding sharply after several consecutive days of decline. In terms of news, SpaceX announced it will release its 2026 Q2 earnings report after the U.S. market closes on August 4, 2026 (Tuesday).

Industry insiders pointed out that this day will become a critical watershed in SpaceX's development. If the management delivers strong operating data, gives clear long-term performance guidance, and the Starlink gross margin continues to improve, buying interest in the market may be sufficient to absorb the massive influx of circulating shares sold by employees and early investors. On the other hand, if the earnings report falls short of market expectations, the combination of weakened fundamentals and the additional pressure of nearly $110 billion in newly tradable shares could continue to weigh on SpaceX’s share price performance throughout the late summer period.