Source-linked briefing Business

SpaceX Short Sellers Sit on $5 Billion in Paper Gains as Shares Slide

SpaceX Short Sellers Sit on $5 Billion in Paper Gains as Shares Slide

Investors betting against SpaceX are up about $5 billion on paper after the company’s public offering was followed by a major share‑price decline. The reversal has delivered sizable unrealized profits for short sellers.

Original headline

SpaceX Short Sellers Are up $5 Billion As the Stock Goes Into Reverse