India, July 31 -- SpaceX shares are entering one of the biggest tests it has had since going public. Shares were selling for around $108.89 on July 31, falling 2.95% that day, while the stock had already fallen nearly 30.9% in the past month and 19.4% in the past year. The real danger is what happens next SpaceX is expected to report its earnings from the second quarter on August 4, followed by a massive unlocking of shares two days later.

SpaceX Stock Price Today

This is far away from both its initial public offering price of $135 and the high of $225.64 reached on June 16. This clearly shows that the SPCX stock has declined by more than 50% from its all-time intraday high and hence investor focus is now on the supply side.

SpaceX Sto...