SPCX Surges 15.8% to $133.11 on Earnings Beat, Lock-Up Relief, and Terafab Reveal

SpaceX shares (Nasdaq: SPCX) jumped 15.83% to close at $133.11 on August 7, 2026, on trading volume roughly 91% above the three-month average. The rally was driven by a combination of factors: relief that the August 6 post-IPO lock-up expiration passed without a feared insider sell-off, continued digestion of the August 4 Q2 earnings beat, the newly unveiled $16.8 billion first phase of the Terafab semiconductor complex in Texas (a joint venture with Tesla), and reports that SpaceX's pending $60 billion acquisition of AI coding startup Cursor (Anysphere) could close within days. The broader market also rose, with the S&P 500 up 0.59% and the Nasdaq Composite up 1.28%; aerospace peers Rocket Lab and AST SpaceMobile posted gains as well.