NewsHK
Private-market valuations are rarely insulated from the broader cycle.
Short interest in SpaceX has climbed to approximately 185 million shares, representing roughly 29% of the company's publicly tradable float, according to S3, as the stock retreats to its IPO price and the bearish conviction builds.
Short interest at a third of float At roughly 29% of publicly tradable shares, the position is large enough to move markets on its own.
S3's data puts 185 million SpaceX shares as currently sold short, a level that concentrates the bet at a moment when the stock has given back the premium it carried since listing.
Keep reading