I just went to their site to see the bullets you had in question. The 55gr. SP seems to be marketed as a standard soft point bullet. The 55gr. SPSX's name in full would be "soft point super explosive." The only conclusion I can come to is either they are ballistically the same bullet, just one is advertised with more gusto and just $0.46 per box more. The other reason is it might be that the jacket on the SPSX is slightly thinner, or has slight scoring, thus lending to better fragmentation for varmint purposes. If it has anything to do with something done to the jacket, such as scoring, that would account for the slightly higher cost Hope this helps.