Short Sellers Increase Bets Against SpaceX as Stock Nears IPO Price
Short sellers are increasing their positions against SpaceX (SPACX), with short interest now covering nearly one-third of the company's public float. The stock has fallen about 20% in July and is trading near its $135 IPO price, raising concerns ahead of upcoming lockup expirations that could increase share supply.
Topics: IPO performance lockup expiration short selling SpaceX