SpaceX Short Positions Hit $25 Billion Ahead of First Earnings Report on August 4

SPCX2.99%
According to S3 Partners, SpaceX short positions reached 206 million shares, representing 32% of the company's public float, as of July 22, with an estimated notional value of approximately $25 billion. The spike marks a significant increase from one month prior, when short positions stood at around 40 million shares, or 5-7% of the float. SpaceX is set to release its first quarterly earnings report following its listing on August 4 after U.S. market close.
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