SpaceX (SPCX) shares closed the week of August 24 firmly in the $140–$145 range, reflecting continued upward momentum from the June IPO at $135 and a roughly 30% August advance. Positive sentiment stems from Starlink subscriber growth and revenue expansion, which have supported elevated multiples near 40–80x sales despite ongoing analyst scrutiny of profitability and valuation. Recent lock-up expirations introduced supply but were met with steady institutional demand. The market-implied odds align with observed trading levels around $141.50 on August 28. Potential challenges include accelerated selling from remaining lock-ups, disappointing quarterly metrics, or broader equity-market weakness that could pressure the high price-to-sales ratio.