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blockonomi 9 hours ago

SpaceX (SPCX) Stock Faces $23.6 Billion Short Bet Before Earnings

TLDR SpaceX stock traded near $117 ahead of its first quarterly earnings report. Short bets reached about $23.6 billion, surpassing Tesla’s nominal short interest. Short sellers controlled more than 32% of SpaceX’s public float. Investors will watch Starlink revenue, AI spending, operating costs, and future guidance. About 900 million restricted shares could become eligible for [...]

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Source: Source: Blockonomi