SpaceX (NASDAQ:SPCX) Short Interest Update

30 Jun 2026, 19:40 by Amy Steele · The Cerbat Gem

SpaceX (NASDAQ:SPCX – Get Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 23,341,117 shares, a growth of ∞ from the May 31st total of 0 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 69,191,993 shares, the days-to-cover ratio is currently 0.3 days.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: SpaceX is set to join the Nasdaq-100 on July 7, which could force billions of dollars in index-fund buying and create a strong technical tailwind for the stock. SpaceX Achieves Escape Velocity With Nasdaq Fast-Track
Positive Sentiment: Reports that SpaceX may be discussing a wireless partnership with Charter are fueling optimism that Starlink could expand into consumer mobile services and deepen its competitive moat. SpaceX Might Bring Mobile Phone to Market, and Verizon, AT&T, and T-Mobile Are Down
Neutral Sentiment: SpaceX also drew attention after raising $25 billion in debt, which confirms strong investor demand but highlights that the company is still funding big growth with leverage rather than profits. SpaceX Just Raised $25 Billion in a Debt Sale. Here’s What That Means for Investors.
Neutral Sentiment: Some analysts are warning that SpaceX’s valuation is stretched and that the stock could remain volatile, especially with a lock-up expiration approaching in August. SpaceX (SPCX) Faces Valuation Test as Argus Initiates Coverage With Hold
Negative Sentiment: Bearish commentary continues to build around SpaceX’s lack of profitability and large debt load, with some articles arguing the company may not generate positive free cash flow until 2029. SpaceX Won’t Be Free-Cash-Flow Positive Until 2029 and It’s Already Taking on $25 Billion in Debt.

Analysts Set New Price Targets

SPCX has been the topic of several recent analyst reports. Argus began coverage on SpaceX in a research note on Friday. They issued a “hold” rating on the stock. Barclays raised SpaceX from an “underweight” rating to an “overweight” rating in a report on Monday, June 22nd. Arete Research set a $401.00 target price on shares of SpaceX and gave the stock a “buy” rating in a report on Thursday, June 18th. Wall Street Zen upgraded shares of SpaceX to a “sell” rating in a research report on Saturday, June 20th. Finally, Wells Fargo & Company raised shares of SpaceX to an “overweight” rating in a report on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $209.43.

Get Our Latest Stock Report on SPCX

SpaceX Stock Up 4.1%

Shares of SpaceX stock traded up $6.67 during trading on Tuesday, reaching $170.86. The company’s stock had a trading volume of 80,836,169 shares, compared to its average volume of 164,069,313. SpaceX has a one year low of $147.11 and a one year high of $225.64.

SpaceX (NASDAQ:SPCX – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($1.27) earnings per share for the quarter. The business had revenue of $4.69 billion for the quarter.

Insiders Place Their Bets

In other news, CEO Elon Musk sold 11,390 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $105.32, for a total value of $1,199,594.80. Following the sale, the chief executive officer directly owned 526,165,900 shares in the company, valued at approximately $55,415,792,588. This represents a 0.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

SpaceX Company Profile

(Get Free Report)

SpaceX, or Space Exploration Technologies Corp., is an American aerospace company focused on the design, manufacture and launch of advanced rockets and spacecraft. The company develops launch vehicles and space systems used for commercial, government and scientific missions, with a strong emphasis on lowering the cost of access to space through reusable rocket technology.