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Tuesday’s Final Takeaways: SPCX Earnings, U.S. Eyes China’s AI & New Trump Tariffs
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SpaceX Short Squeeze Setup: $25 Billion in Bearish Bets
At 2:13 · 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. [1] — Marley Kayden "Short interest in SpaceX has surged from roughly 6% of the public float just a month ago to 32% today, representing $25 billion in notional…" 01:25 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.
According to S3 Advisors, about 260.6 million SpaceX shares are sold short, representing roughly 32% of the publicly tradable float.
Short interest in SpaceX has surged from roughly 6% of the public float just a month ago to 32% today, representing $25 billion in notional bearish bets. That's despite CEO Elon Musk warning short sellers they 'won't survive.'
The notional value of short bets against SpaceX has reached approximately $25 billion, up sharply from the prior month.
SpaceX short interest surged from an estimated 40 million shares (about 6% of float) to roughly 260.6 million shares (32%) in just one month.
As of Tuesday's close, SpaceX shares have fallen nearly 40% from their all-time closing price of $211.39 set on June 16th.
Treasury Secretary Scott Bessant has warned the U.S. could sanction Chinese AI companies for improperly using American AI models. The warning comes after Anthropic told the Senate that Alibaba executed what it called the largest known distillation attack against it to date.
