On August 19, SpaceX declined 3.13% in regular trading, trading at $139.035/share, with turnover of $2.648 billion.

On the news front, SpaceX is set to face its second major post-IPO share unlock on August 21 (Thursday), involving approximately 320 million shares. Research analyst Ed Elson noted that while the first unlock did not trigger severe selling, seven additional batches of shares are expected to become tradeable by year-end, potentially generating substantial selling pressure. KeyBanc analysts also cautioned that massive capital expenditures and large-scale financing will remain an unavoidable reality for the SpaceX investment thesis in the months ahead.

Adding to the pressure, a New York University professor publicly stated that SpaceX is significantly overvalued, arguing the stock is worth only $10 to $30 per share. Meanwhile, the Nasdaq opened lower by 1.12%, with broader market weakness exacerbating selling sentiment across high-valuation names.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)