SpaceX Short Bets Face Musk's Grim Warning as IPO Rebounds
TL;DR Summary
SpaceX stock has fallen since its IPO but rebounded on Tuesday, as Elon Musk warned that the survival probability of firms with sizeable short positions is very low. The comment mirrors Musk’s history with Tesla shorts and clashes with Bill Gates. SpaceX shares were up about 6.2% to around $127.31, trading in a wide range since the June debut at $135.
- Elon Musk Warns SpaceX Short-Sellers: You Probably Won't Survive Benzinga
- Bets against SpaceX grow to 32% of float as Elon Musk warns short sellers won't survive CNBC
- You bought SpaceX shares at the IPO price — and now you’re losing money. Is it safe to buy the dip? Yahoo Finance
- SpaceX stock slides for a week straight. What happens next? Mashable
- SpaceX Has Lost $1.1 Trillion in Market Value. Here’s What Would Help. Barron's
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