SpaceX Short-Sellers Gain $3.88B as Stock Falls Below $135 IPO Price, One Month After Listing

SPCX-0.61%
According to Bloomberg and S3 Partners, SpaceX short-sellers achieved unrealized gains of $3.88 billion (5.8 trillion Korean won) as the stock fell below its IPO price of $135 on July 16, just one month after the company's record-breaking listing. Short positions now account for approximately 28% of outstanding shares—the highest level ever recorded for a newly listed company in its first month. The stock recently dipped to $132.15 during intraday trading before closing at $135.27.
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