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Tuesday’s Final Takeaways: SPCX Earnings, U.S. Eyes China’s AI & New Trump Tariffs

Explore episode Jul 21, 2026

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SpaceX Short Squeeze Setup: $25 Billion in Bearish Bets

At 2:38 · chapter starts 1:25

The numbers behind SpaceX's short-selling frenzy are staggering. According to S3 Advisors, approximately 260.6 million shares are now sold short — about 32% of the company's publicly tradable float, representing roughly $25 billion in notional bearish bets. Just a month ago, that figure stood at around 40 million shares, or about 6% of float. The speed of the buildup is extraordinary by any measure. Despite CEO Elon Musk's publicly issued warning that short sellers 'won't survive,' the bearish positioning has only accelerated. Adding to the pressure, SpaceX shares have now fallen close to half from the company's intraday peak of $225.64 on June 16th, and nearly 40% from the all-time closing price of $211.39 on that same date — a brutal drawdown for a company that only recently went public.

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