Prediction: SpaceX Will Reach This Price in July (Hint: It's Going to Plummet)

SpaceX completed the largest IPO in history, opening at $150 and surging to $225.64 before cooling. The article warns that when the company reports Q2 earnings in late July/early August, insider lock-up expirations could trigger a significant sell-off. The analyst predicts approximately 30% of eligible insider shares (273 million shares) could be sold, potentially driving the stock price down to around $150, with further downside risk as subsequent lock-up tranches expire.