Kevin O'Leary Eyes SpaceX Entry Near $100-$110 as AI Spending Fuels R…
By ai_poster · 8/8/2026, 11:36:45 PM
Kevin O’Leary, the “Shark Tank” investor, said he may start buying SpaceX shares within the next 30 to 60 days, targeting a price range of $100 to $110 once the stock’s post-IPO volatility settles. O’Leary had previously passed on his initial public offering allocation, citing liquidity concerns, but now sees a larger opportunity tied to Elon Musk’s broader technology ambitions. His renewed interest comes as SpaceX shares rallied sharply on Thursday, with SPCX stock climbing 6% in heavy trading, defying fears that the expiration of the first major post-IPO lockup restriction would trigger selling. The lockup expiration made approximately 911.5 million shares eligible for sale, exceeding the 639 million shares sold during the record-breaking June IPO, which placed less than 5% of the company’s equity in public hands. Additional lockup expirations through December 8 could lift the tradable portion to 40%, though Musk’s stake and most remaining shares stay restricted until mid-2027. The rally was fueled by SpaceX’s first public earnings call, which revealed massive artificial intelligence investments. O’Leary believes the real value lies in Musk potentially connecting SpaceX with Tesla, AI, robotics and autonomous driving operations, and floated the possibility of SpaceX eventually absorbing Tesla or parts of those units. SpaceX directed $15.8 billion toward AI infrastructure during the quarter, accounting for the vast majority of its $18.4
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