Svmuu News: On June 11, Vida, founder of Formula News, revealed that he had established a short position in SPCXUSDT perpetual contracts, with a position value of approximately $200,000. On June 16, Vida posted on her personal Telegram channel stating that she had closed her SPCX short position, incurring a final loss of over $60,000, but she still believes the company is extremely overvalued. “I just want to wait for a better timing window to reconsider and execute this trade again (a potential good window would be after the 20% of shares held by employees are unlocked). For now, it’s time to step back.”