Someone Just Staked $10 Million That Musk’s SpaceX Will Reclaim a Price It Lost in June
A trader bet $10M on SpaceX (SPCX) reclaiming $175 by January 2028, a level not seen since June. Oppenheimer raised its price target to $280. Tesla (TSLA) saw $900M in bullish options flow ahead of Musk's Cybercab event. SPCX is up 22.86% from its August low, while TSLA gained 10.85% over the past month.
How this was made
The 30-second read
Why it matters
The disclosed trades highlight market participants' bullish expectations, offering a potential short‑term catalyst for both stocks.
Market read
Large options positions suggest a shift in sentiment that could influence price action for SPCX and TSLA in the near term.
What to watch
Regulatory hurdles or launch delays could impede SpaceX's price recovery.
Background
The article reports a newly flagged large options trade on SpaceX and heavy call buying on Tesla, both linked to Elon Musk's ventures.
Ticker impact
A $10 million in‑the‑money 175‑strike puts expiring Jan 2028 were sold, betting SpaceX will rise above $175 by that date.
Potential upward pressure if traders follow the sentiment.
The trade size is sizable and reflects confidence in a price rebound, but no concrete catalyst is disclosed.
Tesla options flow shows roughly $900 million of call premium tied to the upcoming Cybercab event, indicating bullish sentiment.
Likely short‑term upside as traders position for the event.
Large call premium suggests market expects a positive catalyst, though the event outcome is uncertain.
Market effects
Increased optimism for aerospace and EV sectors may spill over to related stocks.
U.S. tech and aerospace markets could see modest uplift.
Limited to investors tracking high‑profile Musk‑linked companies.
Counterpoint
The bet could backfire if SpaceX fails to sustain momentum, leading to a sharp correction.
Key entities
- companySpaceX
Musk's private rocket company listed on NASDAQ under SPCX.
- companyTesla
Musk's EV and energy company listed on NASDAQ under TSLA.
