TradingKey – As of the Asian trading session on July 1, SpaceX ( SPCX) shares closed up 4.06% on Tuesday at $170.86, touching an intraday high of $173.28 and a low of $160.38, with trading volume exceeding 82 million shares. After experiencing a surge following its initial listing and a subsequent rapid pullback, the stock price has rebounded recently, indicating that market enthusiasm for SpaceX has not entirely faded.

From a market perspective, SpaceX’s current trading logic primarily revolves around three main narratives: first, the Starlink satellite internet business is still viewed as the company’s growth engine with the highest commercial certainty; second, the launch business holds a clear cost advantage in the reusable rocket…