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Axios Markets

Musk and Zuck make AI comebacks

SpaceX jumps despite big stock unlock

A line chart that shows SpaceX daily trading volume from June 12 to Aug. 6, 2026. Volume peaked at 522.1 million shares on June 12 and fell to a low of 46.5 million on July 9. Trading then climbed, reaching 255.2 million on Aug. 6.

Trading volume in SpaceX shares 

Data: FactSet; Chart: Matt Phillips/Axios

Closer

Axios Closer

AI's bottomless pit problem: Investors are scrutinizing costs

SpaceX tops revenue expectations in first earnings report after IPO

SpaceX is testing market gravity

Exclusive: Musk plans massive push for GOP in midterms

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SpaceX falls under IPO price, as lockup expirations loom

A line chart that tracks SpaceXâs daily share price from June 11 to July 16, 2026. The price rose from 135 to a peak of 201.8 on June 16, then trended downward. It ended at the period low of 131.11 on July 16.

SpaceX share price

Data: FactSet; Note: The shares priced on June 11, 2026 at $135 a share and began trading publicly the next day; Chart: Matt Phillips/Axios

Codebook

Axios Codebook

SpaceXAI wipes customer data after Grok uploads sensitive information

Why Wall Street is bullish on SpaceX

A line chart that tracks SpaceXâs daily share price from June 11 to July 7, 2026. The price rose from $135 on June 11 to a peak of $201.80 on June 16, then fell and ended at $151 on July 7. Prices were mostly lower after mid-June.

SpaceX share price 

Data: FactSet; Note: The shares priced on June 11, 2026 at $135, and closed their first session of public trading at $160.95; Chart: Matt Phillips/Axios

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Billionaire Elon Musk runs X, SpaceX, Tesla and Neuralink and has the ear of the president.

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