Svmuu News: According to data from S3 Partners, as SpaceX’s stock price continues to fall, short sellers’ paper profits have reached approximately $3.88 billion. SpaceX’s stock price has now fallen to around $135 per share, approaching its IPO pricing level, and has declined for the fourth consecutive trading day.
Data shows that approximately 181 million shares of SpaceX are currently shorted, accounting for about 28% of the tradable outstanding shares. Ihor Dusaniwsky, an analyst at S3 Partners, noted that this short interest ratio is relatively high for a newly listed company during its first month. (Bloomberg)