Shares of SpaceX (SPCX.US) rose more than 3% on Tuesday, halting a seven-session losing streak.

The company has announced it will release its first quarterly report as a public company on August 4.

This date coincides with the opening of the first window for insiders to sell shares, drawing significant market attention.

Following the release of the earnings report, company insiders will be eligible to sell a portion of their shares earlier than the traditional 180-day lock-up period.

Unlike a standard single unlock event, SpaceX employs a staged release mechanism to mitigate the market impact of concentrated selling.

Under the plan, on the second full trading day after the earnings release, which is August 6, eligible shareholders can sell up to 20% of their unlocked shares, potentially involving a maximum of approximately 912 million shares.

Additionally, if the company's share price closes at least 30% above the IPO price on five out of the ten trading days preceding the earnings, shareholders can unlock an extra 10% of shares.

As of Monday's close, SpaceX's stock had fallen nearly 50% from its intraday all-time high of $225.64 on June 16 and was down about 43% from its record closing high of $211.39 on the same day.

This decline has impacted the personal wealth of founder Elon Musk, which has fallen from a peak above $1 trillion on June 12 to approximately $786 billion as of Monday.

Concurrently, SpaceX has become a major target for short sellers, with data indicating short interest currently accounts for about one-third of the float.

Due to the limited number of shares available for trading during the lock-up, short sellers have increased their bets as the price fell.

In response, Musk posted on social media platform X on Monday, stating that institutions maintaining significant short positions in SpaceX long-term have a very low probability of survival.

Beyond its market performance, investors are closely watching SpaceX's launch schedule.

The company plans to launch a Falcon 9 rocket carrying 24 Starlink satellites into low-Earth orbit on Tuesday, a mission originally scheduled for Monday but canceled just before liftoff.

This marks the second launch cancellation for SpaceX within a week.

Furthermore, the company plans another attempt to launch its heavy-lift Starship rocket this Thursday, after the mission was aborted last week due to engine ignition failure.

Musk noted that some engines failed to start successfully, prompting an automatic abort.

SpaceX stated it is making adjustments to the rocket's propulsion system to address the engine-related issues.

The Starship project remains a key focus for investors.

As the largest launch vehicle ever built, Starship is crucial for SpaceX's expansion of its Starlink satellite internet business and for NASA's Artemis program, which aims to return astronauts to the moon by 2028.

Musk has previously referred to Starship as the "holy grail" of space exploration, with ambitions for its use in space tourism and crewed missions to Mars.

Market attention also remains on SpaceX's expanding AI computing business.

In February, SpaceX completed the acquisition of Musk's artificial intelligence company xAI, now renamed SpaceXAI, becoming the owner and operator of a large data center and associated power generation facilities in the Memphis, USA, area.

Companies including Alphabet Inc. (GOOGL.US, GOOG.US), Anthropic, and Reflection have already leased computing capacity from SpaceXAI's data centers.

Reports indicate the company is also in discussions with the U.S. Department of Defense to provide AI computing services.

Separately, Musk's other publicly traded company, Tesla Inc (TSLA.US), is scheduled to report earnings after the market closes on Wednesday.

Based on questions submitted by investors via the Say Technologies platform, many are interested in how SpaceX and Tesla might collaborate on the Terafab chip factory in Grimes County, Texas, with Tesla expected to handle research and development while SpaceX manages production.

Some supporters of Musk have previously called for a future merger of SpaceX and Tesla.

In a past media interview, SpaceX President and COO Gwynne Shotwell stated that integrating the two companies in the future would indeed make Musk's management responsibilities easier.