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The SpaceX Bears Got Obliterated, Now the Bulls Are Betting Big

NowPress play to follow along0:00 / 6:28
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ticker lesson

Breakdown

0:04SPCX· ticker

SPCX — options flipped, $159.27 close

  • Money bet against SPCX on Monday
  • Money flipped to bullish on Wednesday
  • Earnings beat with 7.77% jump
  • 146 put expired, 135 put needs 18% drop
  • 14 bullish calls for $12.37 million
2:06SPCX· ticker

SPCX — calls split, break evens at 162-166

  • Calls split into short-dated and longer-dated
  • 160 call broke even at 163.60
  • 150, 155, 162.5 calls need 162-166
  • Six purchases on 200 strike from June 27 to Jan 29
  • June 27 call needs 216.30, Sept 27 needs 221
4:04SPCX· ticker

SPCX — earnings beat, AI revenue surge

  • Revenue 14.58B vs 12.72B expected
  • Adjusted EPS 45c vs 13c expected
  • AI revenue 7.56B, 9x last year
  • Starlink revenue 5.25B, 85% of net income
  • Q1 2027 revenue guide 33-37B
6:02Tesla· ticker

Tesla — potential merger with SpaceX

  • Musk confirms independent committees for merger
  • No agreed terms, no merger vote
  • SPCX at $2.01T, Tesla at $1.48T
  • Musk floated 500B-1T run rate for 2027
  • Contract backlog at $63B, compute capacity to 13GW

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