The invention discloses a preparation method of a graphite crucible. The preparation method comprises the following steps: S1, raw material preparation: raw materials comprise graphite scraps, an Acheson furnace petroleum coke resistance material, an Acheson furnace petroleum coke thermal insulation material and medium-temperature coal pitch; s2, burdening: graphite is crushed and ground into graphite powder, then the graphite powder is mixed with the Acheson furnace petroleum coke resistance material, the Acheson furnace petroleum coke resistance material and the Acheson furnace petroleum coke heat preservation material according to the mass ratio of 3: 2: 5, the mixture is ground into mixed powder, the mixed powder is mixed with medium-temperature coal pitch, the mass percent of the mixed powder in the mixing process is 65%-85%, and the medium-temperature coal pitch is obtained; the mass percent of the medium-temperature coal pitch is 15%-35%; s3, mixing and kneading; s4, profiling is conducted; s5, roasting; and S6, processing. A hot-pressing cold-out one-time forming method is adopted, the obtained product is excellent in performance and shows good thermal shock resistance, ablation performance, leakage-proof performance and mechanical strength, and the preparation process has the advantages in the aspects of saving energy, protecting the environment, shortening the period and improving the aging efficiency.