SpaceX (NASDAQ:SPCX) short sellers have amassed an estimated $15.5 billion in unrealized gains as the aerospace company’s shares continue to retreat from the highs reached shortly after its public market debut, according to data from Ortex Technologies cited by Reuters.
The stock has fallen below its initial public offering price, marking a sharp reversal after its strong start on the Nasdaq.
Shares erase post-listing gains
SpaceX priced its IPO at $135 per share on June 11, 2026, before climbing to an intraday high of $225.64 just five days later.
https://finance.yahoo.com/markets/stocks/articles/spacex-short-sellers-build-15-133719336.html