SpaceX (SPCX) shares closed the week of August 31 near $143.69 after rallying more than 30% from early-August lows around $108, reflecting strong trader consensus for the $145–$150 bucket. The move followed Q2 results showing 92% year-over-year revenue growth to $7.81 billion, driven by connectivity and AI segments, alongside heavy capital expenditure of $18.4 billion. Institutional ownership disclosures and a post-earnings recovery helped offset supply pressure from successive lock-up releases, including the August 20 tranche of roughly 319 million shares. With the stock trading at elevated multiples near 40–66 times trailing sales, the narrow market-implied odds around this level embed expectations of continued momentum into early September absent major negative catalysts such as accelerated selling or disappointing launch updates.