Posteo

A lockup expiry can sometimes reveal more about market positioning than fundamentals. $SPCX rising roughly 6% even as up to 911.5M shares became eligible for sale suggests the immediate supply overhang may have been largely anticipated—and perhaps less severe than traders feared. But the real test comes next. SpaceX's first post-IPO report showed approximately $7.8B in revenue, up around 90% YoY, but also a $541M net loss, while rising AI-related capex is creating additional pressure. My take: the rebound gives management more breathing room, not immunity from execution risk. From here, investors will be watching guidance, margins, cash flow, and capital discipline closely. The AI and space-infrastructure thesis now needs to translate into measurable operating progress. The unlock didn't trigger the expected sell-off. Now the question is whether the fundamentals can justify the strength. Not financial advice—just analysis. #PayrollsDropCPIFocus #AIMemoryStressTest