TradingKey – SpaceX is about to face an earnings release and a wave of lock-up expirations, with its short interest exceeding Tesla’s, but investors should be wary of short squeeze risks.

On August 4, Eastern Time, impacted by its upcoming inaugural earnings report, SpaceX ( SPCX) stock experienced intense volatility, continuing to rise over 2% today to temporarily trade at $117.12. Yesterday, SpaceX plummeted rapidly after the opening bell, pulling back during session trading to approach the key $100 mark, before steadily climbing to close up more than 5%.

SpaceX stock chart, Source: TradingView

Currently, SpaceX is facing its most critical test since going public. Data from financial analytics firm S3 Partners shows that short sellers…