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SpaceX stock crashes 9% amid heavy share unlocks, risks falling to $108 low

Technical Signals
06 Nov 2026, 12:42 WIB
Finbold
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Bearish
SpaceX stock crashes 9% amid heavy share unlocks, risks falling to $108 low

SpaceX shares plunged from $135.92 to $123.62 during a market selloff, with analysts warning of further declines toward $108, near its all-time low of $104.83. The massive October unlock of nearly 2 billion shares, worth over $300 billion, has increased supply pressure on the stock. Despite a pre-market rebound of nearly 4%, experts caution this may be a short-lived bounce amid ongoing selling and a bursting AI bubble. Investors should watch for sustained recovery or further drops in the coming weeks.

SpaceX shares trade at USD 128.50 on Pluang as of Nov 06, 2026 17:51 WIB, up 3.95% in one day. The stock's 52-week low is USD 108.27, close to the analysts' target mentioned in the news. Pluang order activity shows 58% buying interest, indicating mixed sentiment among investors.

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