**SpaceX (SPCX) shares, trading near $148–149 with an approximately $1.97 trillion market cap as of late September 2026, face near-term pressure from staggered lock-up releases that continue to expand the public float and enable insider selling.** Q2 results highlighted 92% revenue growth to $7.8 billion, fueled by new AI infrastructure contracts alongside Starlink subscriber gains, though the company posted an operating loss amid $18.4 billion in quarterly capex. The primary near-term catalyst is the targeted Starship Flight 14 orbital attempt on or around September 28, which could drive sentiment if successful. Traders are also watching broader equity-market moves, Treasury yields, and any additional regulatory or contract updates that might influence the stock’s path through the week.