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2026-07-16 04:26:11
On Wednesday local time, SpaceX's stock price fell below its IPO price, attracting massive short-selling bets. Data shows that short-selling investors have already realized nearly $3.88 billion in unrealized profits, with approximately 181 million SpaceX shares currently shorted, representing about 28% of the outstanding shares. Since reaching a record closing high on June 16th, SpaceX's total market capitalization has evaporated by approximately $860 billion, a cumulative drop of one-third. With the company about to release its first quarterly earnings report since its IPO, and more restricted shares becoming tradable, these developments are attracting close attention from investors.
