US Stock Market Move | Stock price oversold rebound! SpaceX (SPCX.US) rose more than 5%.

On Tuesday, SpaceX (SPCX.US) rose more than 5%, closing at $126.21, as the stock price rebounded after a continuous decline in previous days. On the news front, SpaceX announced that it will release its second quarter financial report for 2026 after the US market closes on August 4, 2026 (Tuesday). Industry insiders point out that this day will be a crucial turning point in SpaceX's development. If management delivers strong operating data, provides clear long-term performance guidance, and improves the gross profit margin of Starlink, market buying pressure may be enough to absorb the massive influx of new shares from employee and early investor selling. On the other hand, if the financial report falls short of market expectations and faces the dual pressure of a weakening fundamentals and the addition of nearly $110 billion in new tradable shares, it will continue to weigh down SpaceX's stock performance throughout the late summer period.