SpaceX Stock Now Has $26 Billion in Short Bets — 35% of its Entire Float
SpaceX stock now has 35% of its float sold short, with bears wagering more than $26 billion and pocketing $7.3 billion in profits so far.
A lot of people are betting that SpaceX's stock price will go down, and some of them have already made money from that bet. When many people bet against a company, it can tell you they're worried—but it doesn't mean they're right.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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