SpaceX (NASDAQ:SPCX) is facing its first major test of investor appetite since its blockbuster IPO debut. The firm will report its first earnings release on Tuesday, after the market close, followed by a lock-up restriction release of around 930 million shares worth more than $100 billion.
These two events will shape trading in the stock, which has lost much of its value over the last few weeks. Since peaking at around $225 in intraday trading on June 16, the stock has plummeted over 50%, now trading around $110.
