SpaceX Earnings Report Approaching, Short Position Reaches $25 Billion

Odaily Odaily News According to data from S3 Partners, approximately 206 million shares of SpaceX stock are currently being shorted, accounting for about 32% of its publicly traded float, corresponding to a nominal short position of approximately $25 billion.

SpaceX will release its first quarterly earnings report since going public after the US stock market closes on August 4th. Data shows that SpaceX's short positions have been increasing recently. Last week, the number of shorted shares was approximately 185 million, accounting for about 29% of the float. About a month ago, the estimated short position was around 40 million shares, representing about 5% to 7% of the float. (Jinshi)