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Around 40 million SpaceX shares are sold short — equal to roughly 5% to 7% of the shares publicly available to trade — according to an estimate from data firm S3 Partners.
The figure captures a market that has found reasons to press against the aerospace and satellite company, yet one where a significant number of participants still hesitate to step in front of Elon Musk.
A Modest Position in a High-Profile Name The 5% to 7% short interest rate, as estimated by S3 Partners, reflects cautious rather than aggressive bearish conviction.
Short sellers have identified enough of a tradeable float to establish 40 million shares short, yet the broader short-selling community has largely held back.
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