Aug. 6 Turned Out to Be a Nonevent for SpaceX. After a 15% Rally, Here's How High the Stock Could Still Climb in the Next 12 Months.

SpaceX’s stock looked like it might react negatively on Aug. 6, when insiders were allowed to begin selling part of their holdings. Instead, the share price rose 15.8% from Aug. 6 to Aug. 7, after the company delivered its first earnings report as a public company on Aug. 4. The article says investors are now focused on the broader growth story, including SpaceX’s role as a rocket launch services provider and its plan to build AI data center infrastructure in Earth orbit. It also highlights that SpaceX remains heavily unprofitable, with a net loss of $4.9 billion in 2025 and second-quarter 2026 capex of $18.4 billion. Among 40 analysts tracked by CNN, the median price target is $217.