Bybit has issued a trading alert highlighting two imminent SpaceX events that could stir volatility across markets, including crypto. The exchange points to SpaceX’s first‑ever public earnings report on August 4 and a massive lock‑up expiry two days later. With the stock already under pressure — trading near $110, well below its $135 IPO price and a 51% drop from its intraday high — Bybit suggests traders should brace for sharp price swings.
SpaceX is set to publish its second‑quarter results after the U.S. market close on Tuesday, followed by a webcast at 4:30 p.m. ET. Investors have no prior earnings history to benchmark the numbers, so this report will define the first official gauge of revenue growth, margins, cash burn and guidance. The company’s disclosures will also shed light on Starlink subscriber trends, launch economics, Starship development costs, and AI‑related spending. Guidance may matter more than headline figures, as markets assess how quickly SpaceX’s multi‑faceted ambitions translate into operating performance.
Then, on August 6, up to 911.5 million previously restricted shares become eligible for sale — a release worth approximately $101 billion at recent prices. The lock‑up structure is staggered, meaning not all shares will immediately flood the market, but the sheer volume tests whether public demand can absorb a dramatically larger float. Options traders are already pricing a roughly 19.8% expected move around the Aug. 7 expiry, reflecting extreme uncertainty with no historical earnings reaction to guide them.
While SpaceX is not a crypto asset, Bybit’s emphasis on these dates signals that cross‑market sentiment can spill into digital assets. The exchange notes the current mixed signals in crypto and urges traders to adjust strategies around these external catalysts, as tech‑stock volatility often correlates with short‑term crypto swings.
