Elon Musk Says He Tries to 'Warn' Short Sellers, but They Just 'Double Down' as SpaceX Short Interest Climbs to 34%
SpaceX beat estimates in its first public earnings report as Elon Musk mocked short sellers after bearish bets swelled ahead of results.
SpaceX did really well with its first earnings report, which made some people who bet against the company double down on those bets anyway. When a company does great but people still bet it will fail, that shows disagreement about what the company is really worth.
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