SPCX Stock Minute — Episode 17: Catastrophic call
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July 3, 2026 · 5:11 AM
SPCX Stock Minute — Episode 17: Catastrophic call
SPCX closed higher as Musk denied a SpaceX AI-device report and options traders leaned bullish despite a sharp valuation warning.
A 76-second market briefing on SPCX's higher close, Musk's latest SpaceX-related remarks, and the split between a sharp valuation warning and bullish options flow.
Show notes
- CNBC showed SPCX closing at 162 dollars, up 2.83%, with 53.2 million shares traded and market cap near 2.13 trillion dollars.
- Musk's clearest SpaceX post of the session said, "Starship static fire." TipRanks and TheFly also reported that he replied "Utterly false" to a Wall Street Journal report about a SpaceX AI-handset prototype.
- AOL and 24/7 Wall St cited CNBC's Oliver Renick saying "Options flows continue to look bullish," while a Daiwa Securities analyst called the valuation "catastrophic."
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