A Third of SpaceX’s Tradable Shares Are Now Betting Against It. The Squeeze Math Is Wild

SPCX carries 196 million shares sold short, representing 31% of the float, with every $1 move costing bears roughly $200 million. Shorts briefly pocketed $2.5 billion on paper when SPCX fell 23% post-IPO, but the rebound flipped that to a $760 million loss. https://finance.yahoo.com/markets/stocks/articles/third-spacex-tradable-shares-now-145131198.html submitted by /u/portlandlad [link] [comments]