SpaceX Stock to Close Higher by July End? Probability on Crypto Prediction Market Falls From 61% to 32% -

Cryptocurrency bettors are increasingly expecting Space Exploration Technologies Corp. (NASDAQ:SPCX) to close lower by the end of July, as the stock continues to trade below its IPO price amid renewed selling pressure.

Betting On SPCX’s Rise Or Fall?

The crowd on Polygon (CRYPTO: POL)-based Polymarket currently assigns a 68% chance that SPCX’s closing price on the last trading day of July is lower than its closing share price on the last day of June.

The probability of SPCX closing higher has dropped sharply from 61% last week to 32% at the time of writing.

Note that SPCX finished at $170.86 on June 30. For an “Up” resolution, the stock must equal or beat $170.86 by the market close on July 31.