SpaceX Stock Faces a Make-or-Break Week as Investors Await Earnings and Lockup Expiration

SpaceX (SPCX) has had a rocket-like journey as a public company. It debuted just eight weeks ago to much fanfare. The stock flew higher, from its $135 initial public offering (IPO) price to more than $225 a share. After a bulls-versus-bears battle in the price range of $150 to $170, the bears won — at least for now.

Here’s the stock, which closed below $115 on Monday. Yet, technically, this chart of two-hour prices hints at a rebound. After being cut in half, that’s a start at least.