SpaceX Shares Rally 50% From Lows Amid Calmer Volatility — SkimNews
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- SpaceX rallied 8% to $171 on Monday, reclaiming its IPO price and climbing nearly 50% off recent lows amid surging investor interest and strong options volume.
- Morgan Stanley analyst Adam Jonas reiterated a $300 price target for SpaceX, calling it a relatively cheap way to play the Space and Intelligence Economy after adjusting for growth.
- Falcon 9 delivered four astronauts to the International Space Station in under eight hours last Thursday, marking a new speed record and bolstering market sentiment.
- Options traders executed 1.7 million contracts worth $900 million on Monday, with 456,000 calls likely bought versus under 240,000 puts, signaling strong bullish positioning.
- Implied volatility for SpaceX rose to 55 from below 50 on Thursday but remains far below June’s debut levels above 110, reducing the odds of rapid spikes to prior highs like $225.
- Market-makers assign only a sub-50% chance that SpaceX reaches $225 by July and note equal or higher implied volatility on puts versus calls, indicating balanced downside risk.
Why it matters: Despite strong investor demand and a technical rally, SpaceX’s lower implied volatility means traders now expect slower, less explosive moves than at launch—making near-term highs harder to reach even as optimism builds. The shift reflects a maturing price discovery process with real two-way risk priced in.
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