SPCX Stock: 911.5M Shares Unlock Today, $190 Bull vs $76 BearEnglish DeutschItaliano日本語한국어ไทย繁體中文PortuguêsEspañolFrançaisUpdated 6 August 2026, pre-open — the lock-up expires today. Source: SpaceX Q2 2026 results (SEC Form 8-K, EX-99.1, 4 August 2026); price data Investing.com and StockAnalysis. Our levels are $190 bull, $135 base and $76 bear, derived as 25×, 17.8× and 10× the company’s guided $100 billion December revenue run-rate across 13.18 billion shares. Street consensus is higher at $230.50 across 39 analysts, though those targets largely predate the Q2 capex figure. Connectivity generated $1.656 billion of operating income on $4.291 billion of revenue in Q2 2026, a 38.6% operating margin, up 79% year on year.