The invention discloses an acrylic water-based paint for motor shells and a preparation method thereof, relating to the technical field of metal water-based paints. The acrylic water-based paint for motor shells comprises the following raw materials in parts by weight: 45-50 parts of acrylic modified resin, 0.4-0.8 part of pH regulator, 0.6-1.5 part of dispersing agent, 0.3-0.5 part of defoaming agent, 0.01-0.5 part of graphene oxide, 0.05-3 parts of carbon black, 10-20 parts of rutile titanium white, 2-10 parts of antirust pigment, 0.5-4 parts of matting powder, 0.5-8 parts of ground calcium carbonate, 3-8 parts of barium sulfate, 0.05-0.15 part of anti-settling agent, 2-3 parts of film forming aid, 0.1-0.5 part of wetting agent, 0.1-0.5 part of leveling agent, 0.1-0.5 part of flash-rust inhibitor, 0.1-1.2 parts of thickener and 6-16 parts of deionized water. The water-based paint has the advantages of favorable antirust effect, quick air-drying, high adhesive force and high hardness; and by using water as the diluter, the water-based paint satisfies the environmental requirements, and is harmless to the human body.